Hungarian Telephone and Cable Corp. Board of Director Compensation Summary (2005–2006)
This document outlines the compensation structure for the Board of Directors of Hungarian Telephone and Cable Corp. for the 2005–2006 term. Non-TDC directors receive a quarterly fee, additional fees for attending meetings in person or by phone, and an annual grant of company shares. Audit Committee members receive higher meeting fees, with the Chairman receiving additional compensation. Shares vest at the end of the board term. The agreement specifies payment amounts and conditions for each role and type of meeting.
Exhibit 10.2
Hungarian Telephone and Cable Corp.
Board of Directors
2005 - 2006 Board Term Compensation
Non-TDC Directors
Quarterly Fee of $2,500
In-person per meeting fee of $800 per meeting
Telephone per meeting fee of $400 per meeting
2,000 shares per year (vest at end of board term)
Audit Committee Chairman
Quarterly Fee of $2,500
In-person per meeting fee of $2,000 per meeting
Telephone per meeting fee of $1,000 per meeting
Other Non-TDC Audit Committee Member
In-person per meeting fee of $1,000 per meeting
Telephone per meeting fee of $500 per meeting
