ASPEN TECHNOLOGY, INC. DIRECTORCOMPENSATION POLICY
EXHIBIT 10.43
ASPEN TECHNOLOGY, INC. DIRECTOR COMPENSATION POLICY
We shall pay our non-employee directors an annual fee of $25,000 for their services as directors, and we shall pay retainers as set forth in the table below. All annual retainers shall be payable in monthly installments.
|
| Position |
| Retainer |
|
| |
|
| Chairman of the Board |
| $ | 75,000 |
|
|
|
| Audit Committee Chair |
| 30,000 |
|
| |
|
| Audit Committee Member |
| 20,000 |
|
| |
|
| Compensation Committee Chair |
| 15,000 |
|
| |
|
| Compensation Committee Member |
| 7,500 |
|
| |
We shall also pay each director $2,500 for participation in our quarterly board meetings, and $2,000 for participation in all other board of directors or committee meetings of at least one hour duration. All participation fees shall be payable quarterly.
The foregoing policy may be modified by the board of directors at any time.
