2006NON-EMPLOYEE DIRECTOR COMPENSATION PROGRAM ADOBESYSTEMS INCORPORATED

EX-10.1 3 a05-16703_1ex10d1.htm EX-10.1

Exhibit 10.1

 

2006 NON-EMPLOYEE DIRECTOR COMPENSATION PROGRAM

ADOBE SYSTEMS INCORPORATED

 

Pay Element

 

Current Program

Annual Cash Retainer

 

$35,000

 

 

 

Board Meeting Fees

 

None

 

 

 

Committee Chair Fees

 

Flat retainer:
Audit: $30,000
Exec Comp: $15,000
Nom/Gov: $10,000

 

 

 

Committee Member Fees
(non-Chairs)

 

Flat retainer:
Audit: $15,000
Exec Comp: $7,500
Nom/Gov: $5,000

 

 

 

Initial Stock Option Grant

 

Stock Option Grant: 50,000
3 year vest
10 year option term

 

 

 

Ongoing Stock Option Grant

 

Stock Option Grant: 25,000
3 year vesting
10 year option term

 

 

 

Health Benefits

 

Health, dental and vision insurance offered at COBRA rates.

 

 

 

Other

 

Reimbursement of travel expenses associated with Board and Committee meetings as well as costs and expenses incurred in attending director education programs and other Adobe-related seminars and conferences.