Define: Annual Remuneration

How is Annual Remuneration defined in a legal contract?

• Annual Remuneration means all payments given to a director for their services. This includes the annual fee for serving as director, participating in committee and chairing a committee. However, it does not include any meeting fees or reimbursements for meeting-related expenses, unless otherwise determined by the Board or Committee.
  Seen in 9 SEC filings
• Annual Remuneration means the total annual fee given to a designee.
  Seen in 6 SEC filings
• Annual Remuneration means the yearly salary and bonus given to an eligible employee.
  Seen in 5 SEC filings
• Annual Remuneration means the greater value from a set of predetermined parameters.
  Seen in 3 SEC filings
• Annual Remuneration means the payment given to a private partner by a public partner, calculated and paid according to specified terms.
  Seen in 2 SEC filings
• Annual Remuneration means the total cash payable to a Non-Employee Director for the services they provide to the company within a fiscal year, including those as a board member.
  Seen in 2 SEC filings
• Annual Remuneration means the yearly rate of regular remuneration as determined by the Committee for the purposes of the Plan.
  Seen in 2 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for ‘Definitions of annual remuneration’ yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Annual Remuneration means the total yearly payments [organization] gives to a director or eligible employee.

Relevant Contract Types

• Employment Contracts
• Director Agreements
• Executive Compensation Agreements

Relevant Circumstances

• When recruiting new directors or employees
• When renegotiating an existing contract
• When determining yearly budgets and planning for business expenses

Relevant Sectors

• Financial Services
• Healthcare
• Technology
• Non-profits

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Genie Definition 2

Annual Remuneration means the payment a public partner gives to a private partner, according to specified terms.

Relevant Contract Types

• Public Private Partnership Agreements
• Concession Contracts
• Revenue Sharing Agreements

Relevant Circumstances

• When initiating public private partnerships
• When renegotiating terms of a public partner's contribution

Relevant Sectors

• Government
• Infrastructure
• Public Utilities

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