Director Compensation Policy, adopted October 2, 2024

Contract Categories: Human Resources - Compensation Agreements
EX-10.22 3 akya-20241231xex10d22.htm EX-10.22

Exhibit 10.22

AKOYA BIOSCIENCES, INC.

NON-EMPLOYEE DIRECTOR COMPENSATION POLICY

Adopted October 2, 2024

Position

    

Annual Retainer

Board Membership

$

40,000

Non-Executive Chair of the Board

$

40,000

Chair of Audit Committee

$

20,000

Chair of the Compensation Committee

$

15,000

Chair of the Innovation and Technology Committee

$

15,000

Chair of the Corporate Governance and Nominating Committee

$

10,000

Audit Committee Members other than Chair

$

10,000

Compensation Committee Members other than Chair

$

7,500

Innovation and Technology Committee Members other than Chair

$

7,500

Nominating and Corporate Governance Committee Members other than Chair

$

5,000

Upon joining the Board, non-employee directors will receive an initial grant of options to purchase shares of our common stock with a value of $255,000; provided that the number of shares of our common stock underlying any such grant of options shall not exceed 75,000. These stock option awards have an exercise price per share equal to the fair market value on the grant date with such awards vesting in three equal annual installments.

Upon appointment, the non-Executive Chair of the Board will receive a grant of options to purchase shares of our common stock with a value of $80,000. These stock option awards have an exercise price per share equal to the fair market value on the grant date with such awards vesting in four equal quarterly installments, the first installment of which shall vest on the first day of the calendar quarter immediately following the calendar quarter in which the grant date occurs.

Following each annual meeting of the stockholders, non-employee directors will receive a grant of options to purchase shares of our common stock with a value of $170,000; provided that the number of shares of our common stock underlying any such grant of options shall not exceed 50,000. These stock option awards have an exercise price per share equal to the fair market value on the grant date with such awards vesting on the earlier of the anniversary of the grant date or the next annual meeting of stockholders.