Summary Term Sheet of Board Compensation

Contract Categories: Human Resources - Compensation Agreements
EX-10.36 4 g93818exv10w36.htm SUMMARY TERM SHEET OF BOARD COMPENSATION Summary Term Sheet of Board Compensation
 

Exhibit 10.36

Kos Pharmaceuticals, Inc.

Non-Employee Director Compensation

         
    Per Meeting   Annual
Board Meetings:
        
Annual Retainer
       $20,000
Meetings*
   $2,500    
 
        
Committees:
        
Chairperson Retainer
       $5,000
Meetings*
   $2,000    
 
        
Stock Option Awards:
        
Upon First Election
       15,000 shares
Each Anniversary
       30,000 shares
Each Annual Meeting
       10,000 shares

    *Telephone attendance fees are $500 per meeting.