Merisel, Inc. Board of Directors Non-Employee Compensation Plan (2011)
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Summary
Merisel, Inc. established a new compensation plan for its non-employee directors, effective April 27, 2011. Under this plan, directors Bradley J. Hoecker, Kenneth B. Sawyer, Terry A. Tevis, and Joseph Yang each receive $50,000 per year, paid quarterly. Additionally, Bradley J. Hoecker, as Chair of the Audit Committee, receives an extra $8,000 annually, also paid quarterly. The plan outlines the annual cash compensation for these board members.
EX-10.26 2 ex10-26.htm EXHIBIT 10.26 ex10-26.htm
Exhibit 10.26
Merisel, Inc.
Board of Directors Compensation Plan
On April 27, 2011, the Board of Directors approved a new compensation plan for the non-employee directors. Under the new plan, Messrs. Bradley J. Hoecker, Kenneth B. Sawyer, Terry A. Tevis, and Joseph Yang were each granted cash compensation of $50,000 per annum, to be paid quarterly. Bradley J. Hoecker, as Chair of the Audit Committee was granted an additional $8,000 per annum, also payable quarterly.
