Summary of Additional Compensation for Non-Management Chairs of the Board and Committees of Memry Corporation
This document outlines the annual cash retainers approved for non-management chairs of the Board of Directors and its committees at Memry Corporation as of December 8, 2004. The Chairman of the Board receives $8,000, the Audit Committee Chair receives $12,000, the Compensation Committee Chair receives $6,000, and the Corporate Governance and Nominating Committee Chair receives $4,000. These payments are in addition to any other compensation board members may receive.
EXHIBIT 10.2
Summary of Additional Compensation for Non-Management Chairs of the Board of Directors
and Board Committees of Memry Corporation, as approved on December 8, 2004
Chairman of the Board Annual Cash Retainer: $8,000
Audit Committee Chair Annual Cash Retainer: $12,000
Compensation Committee Chair Annual Cash Retainer: $6,000
Corporate Governance and Nominating Committee Chair Cash Retainer: $4,000
