Define: Annual Fees

How is 'Annual Fees' defined in a legal contract?

• Annual Fees means the yearly fees charged by a trustee for services provided as the trustee and paying agent under an indenture. Seen in 22 SEC filings
• Annual Fees means the yearly fees determined by a council as per a certain clause. Seen in 22 SEC filings
• Annual Fees means the cash part of any annual fee payable to a Non-Employee Director for service on the board or any other committee of the board; this can also mean any other fee decided on annual basis and payable for service on, or for acting as chairperson. This could also include any similar annual fee or fees payable to someone who serves on the board of a subsidiary or any committee of such board of directors. Seen in 19 SEC filings
• Annual Fees means the Board of Director retainer fees, the Board of Director meeting fees and the Board of Director committee fees earned by the Director during a certain period. Seen in 17 SEC filings
• Annual Fees means the annual fees due for a given contract in respect of a certain year, per the mentioned rates in the contract invoice. Seen in 8 SEC filings
• Annual Fees means the annual fees paid to eligible directors in cash (excluding equity awards) as per the company’s policies regarding the payment of fees to non-employee directors of the company. Seen in 8 SEC filings
• Annual Fees means the fees charged by a bank to a cardholder as annual subscription fees, as per the terms set in an agreement. Seen in 8 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 fees' 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 Fees means recurring fees charged yearly for a specific service or role within an [organization].

Relevant Contract Types

• Service Level Agreement
• Subscription Agreement
• Licence Agreement
• Lease Agreement

Relevant Circumstances

• Ongoing provision of a subscription-based service
• Hiring of an individual or body for a specific recurring role
• Licensing of a product or service on a yearly basis

Relevant Sectors

• Financial Services
• Real Estate
• Information Technology
• Professional Services

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Genie Definition 2

Annual Fees means yearly dues determined by an [organization's] board, council, or governing law.

Relevant Contract Types

• Management Agreement
• Franchise Agreement
• Membership Agreement
• Board of Director Agreement

Relevant Circumstances

• Any association, club or franchise membership
• Annual remunerations for role in board of directors
• Payment of annual fees as part of a management contract

Relevant Sectors

• Non-profit and Membership Organizations
• Franchises
• Corporate Governance
• Management Consulting

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