IXYS Corporation Summary of Outside Director Compensation as of June 14, 2007

Contract Categories: Human Resources › Compensation Agreements
Summary

IXYS Corporation outlines the compensation structure for its outside (non-employee) directors as of June 14, 2007. Outside directors receive an annual retainer of $25,000, with additional annual retainers for committee chairs: $7,500 for the Audit Committee, and $4,000 each for the Compensation and Nominating Committees. Directors are also paid $1,000 for each Board meeting attended and $600 for each Committee meeting attended.

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EX-10.27 3 f31072exv10w27.htm EXHIBIT 10.27 exv10w27  

Exhibit 10.27
SUMMARY OF OUTSIDE DIRECTOR COMPENSATION
As of June 14, 2007, Directors of IXYS Corporation that are not employees, commonly referred to as outside directors, received cash compensation on the following basis:
         
Annual Retainer for each Director
   $ 25,000  
Additional Annual Retainer for the Chairman of the Audit Committee
   $ 7,500  
Compensation Committee
   $ 4,000  
Nominating Committee
   $ 4,000  
Director’s Fee for each Board of Directors meeting
   $ 1,000  
Director’s Fee for each Committee meeting
   $ 600