Exhibit 10.5 Hungarian Telephone and Cable Corp. Board of Director Compensation

Contract Categories: Human Resources - Compensation Agreements
EX-10.5 3 dex105.htm SUMMARY OF BOARD OF DIRECTORS COMPENSATION Summary of Board of Directors Compensation

Exhibit 10.5

Hungarian Telephone and Cable Corp.

Board of Director Compensation

Board Service

2,000 shares of stock vesting after one-year term

$10,000 retainer payable in quarterly installments

$1,000 per in person meeting

$500 per telephone meeting

Audit Committee Service - Chairman

$10,000 retainer payable in quarterly installments

Audit Committee Service - Chairman and Non-Chairmen

$1,000 per in person meeting

$500 per telephone meeting