Summary of Non-Management Director Compensation Action
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Human Resources
- Compensation Agreements
EX-10.1 2 ex10_1.htm EXHIBIT 10.1 Exhibit 10.1
Exhibit 10.1
Summary of Non-Management Director Compensation Action
On April 5, 2007, the Board of Directors (the “Board”) of Apco Argentina Inc. (the “Company”) modified, beginning July 1, 2007, the compensation structure awarded to members of the Board who are not employees of the Company or its affiliates (each a “Non-Management Director”) as follows:
| Quarterly Compensation for Board Service: | $ | 12,500 | ||
| Quarterly Compensation for Committee Chairs: | ||||
| Audit Committee Chair - | $ | 2,500 | ||
| Nominating Committee Chair - | $ | 1,250 |
The compensation set forth above is paid quarterly in arrears.
