Directors' Compensation

Contract Categories: Human Resources - Compensation Agreements
EX-10.6 2 d34538exv10w6.htm DIRECTORS' COMPENSATION exv10w6
 

Exhibit 10.6
Directors Compensation
Effective January 1, 2006, compensation for each non-employee director of the Company is as follows:
     
(i)
  $15,000 in cash; and
(ii)
  subject to stockholder approval of the Company’s Equity Compensation Plan, $15,000 in restricted stock to be issued under the Company’s Equity Compensation Plan; fifty percent of such restricted stock shall vest on each of the first two anniversaries of the date of grant.