Enzon Pharmaceuticals, Inc. Amended and Restated 2013 Outside Director Compensation Plan
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Summary
This agreement outlines the compensation plan for outside directors of Enzon Pharmaceuticals, Inc. Outside directors will receive an annual cash retainer of $30,000, with additional payments of $10,000 for serving as chair and $5,000 for serving as a member of the Audit and Finance Committee. Payments are made quarterly, starting from the third quarter of 2013.
EX-10.1 2 v351706_ex10-1.htm EXHIBIT 10.1
Exhibit 10.1
ENZON PHARMACETICALS, INC
Amended and Restated 2013 Outside Director Compensation Plan
Annual Retainers:
On an annual basis, outside directors will receive:
- a cash retainer of $30,000
- an additional cash retainer of $10,000 for services as chair of the Audit and Finance Committee; and
- an additional amount cash retainer of $5,000 for services as a member of the Audit and Finance Committee
The cash elements above are to be paid quarterly at the end of each quarter, beginning with the third quarter of calendar 2013.
