Non-Employee Director Compensation Schedule for Board and Committee Service

Summary

This document outlines the compensation structure for non-employee directors of the company, specifying fees for attending board and committee meetings, annual chairmanship fees, and equity compensation, which is awarded at the discretion of the Board of Directors. The schedule lists individual directors, their meeting attendance fees, committee service fees, and any additional annual compensation. One director, Hilton Isaacman, is noted as a full-time employee of Spescom Limited and does not receive these fees.

EX-10.17 3 a05-9402_1ex10d17.htm EX-10.17

Exhibit 10.17

Non-Employee Director Compensation

Non-Employee Director	Fee Per Board Meeting Attended		Equity Compensation	Committee Service Fees	Other
Michael Silverman	$	1,250	*	$ 1,250 per Audit Committee meeting attended	$ 25,000 annual chairman fee
Larry Unruh	$	1,250	*	$ 1,250 per Audit Committee meeting attended	$ 10,000 annual Audit Committee chair fee

				$ 1,000 per Compensation Committee meeting attended

				$ 1,000 per Stock Option Committee meeting attended
Hilton Isaacman (1)	—		*	—	None
D. Ross Hamilton	$	1,250	*	$ 1,250 per Audit Committee meeting attended	None
				$ 1,000 per Compensation Committee meeting attended
				$ 1,000 per Stock Option Committee meeting attended

James Meyers	$	1,250	*	$ 1,000 per Compensation Committee meeting attended	None
				$ 1,000 per Stock Option Committee meeting attended

* Equity compensation is determined at the discretion of the Board of Directors.

(1) Mr. Isaacman is a full time employee of Spescom Limited, South Africa