HURON CONSULTING GROUP INC. DIRECTORS COMPENSATION FOR 2008 AND 2009
EX-10.19 9 dex1019.htm DIRECTORS' COMPENSATION Directors' Compensation
EXHIBIT 10.19
HURON CONSULTING GROUP INC.
DIRECTORS’ COMPENSATION FOR 2008 AND 2009
SUMMARY SHEET
| 2008 | 2009 | |||||
| Cash Compensation | ||||||
| Annual Board Retainer (1) | $ | 50,000 | $ | 60,000 | ||
| Annual Committee Chairmanship Retainer (1): | ||||||
| Audit Committee | $ | 10,000 | $ | 10,000 | ||
| Compensation Committee | $ | 7,500 | $ | 7,500 | ||
| Nominating and Corporate Governance Committee | $ | 7,500 | $ | 7,500 | ||
| Board Meeting Fee (per meeting) | $ | 1,000 | $ | 1,000 | ||
| Committee Meeting Fee (per meeting) | $ | 1,000 | $ | 1,000 | ||
| Equity Compensation | ||||||
| Grant of Restricted Common Stock Upon Appointment (2) | $ | 400,000 | $ | 400,000 | ||
| Annual Grant of Restricted Common Stock (3) | $ | 160,000 | $ | 170,000 | ||
| (1) | Annual retainers are paid in four equal installments and are prorated to reflect the portion of the year that the director serves on the board. |
| (2) | Upon appointment to the board, independent directors will be granted shares of restricted common stock with an aggregate fair value of $400,000, based on the closing stock price on the date immediately preceding the date of appointment. Such shares will vest over the following twelve quarters. |
| (3) | On the date of our 2008 annual meeting of stockholders, each independent director was granted shares of restricted common stock with an aggregate fair value of $160,000. On the date of our 2009 annual meeting of stockholders, each independent director will be granted shares of restricted common stock with an aggregate fair value of $170,000. The number of shares granted is based on the closing stock price on the date immediately preceding the date of the annual meeting and vest over the following twelve quarters. |
