ENTRUST, INC. Summary of Director Compensation (effective October 20, 2005)
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.1 2 dex101.htm SUMMARY OF DIRECTOR COMPENSATION. Summary of Director Compensation.
Exhibit 10.1
ENTRUST, INC.
Summary of Director Compensation
(effective October 20, 2005)
Directors receive compensation for their board service. That compensation is comprised of:
| Retainer: | $5,000 per quarter. | |
| Attendance Fees: | $3,000 per regular meeting; plus $1,000 per special meeting; plus reimbursement of out-of-pocket expenses. | |
| Audit Committee Chair Retainer: | $4,000 per year. | |
| Audit Committee Member Retainer: | $2,000 per year. | |
| Compensation Committee Chair Retainer: | $4,000 per year. | |
| Nominations and Corporate Governance Committee Chair Retainer: | $2,000 per year. | |
| Annual Restricted Stock Unit Grant: | 15,000 stock appreciation rights per annum. | |
| Annual Restricted Stock Unit Grant: | 2000 restricted stock units per annum. | |
