Summary of Non-Employee Director Compensation for Board and Committee Service

Summary

This document outlines the compensation structure for non-employee directors of the company. It specifies annual fees, per-meeting fees (including travel reimbursement), and additional payments for committee memberships and chairmanships. The compensation varies by director based on their roles and committee assignments. The Advisory Board, which previously provided additional compensation, was disbanded in October 2004.

EX-10.29 5 f06600exv10w29.htm EXHIBIT 10.29 exv10w29

Exhibit 10.29

Summary of Non-Employee Director Compensation



Non-Employee		Fee for meetings
Director	Annual Fee	attended in person	Committee service fee

Stephen Humphreys, Chairman	$20,000	$1,000, plus reimbursement of travel expenses		$4,000 for nominating committee chairmanship

Oystein Larson	$10,000	$1,000, plus reimbursement of travel expenses

Ng Poh Chuan	$10,000	$1,000, plus reimbursement of travel expenses		$5,000 for audit committee membership

Simon Turner	$10,000	$1,000, plus reimbursement of travel expenses		$10,000 for audit committee chairmanship

				$4,000 for compensation committee chairmanship

				$2,000 for nominating committee membership

Andrew Vought	$10,000	$1,000, plus reimbursement of travel expenses		$5,000 for audit committee membership

				$2,000 for compensation committee membership

Manuel Cubero	$10,000	$1,000, plus reimbursement of travel expenses		$2,000 for compensation committee membership

				$2,000 for Advisory Board membership*

Hagen Hultzsch	$10,000	$1,000, plus reimbursement of travel expenses		$5,000 for audit committee membership

				$2,000 for nominating committee membership

				$2,000 for Advisory Board membership*

* The Advisory Board was disbanded in October of 2004.