VIROLOGIC, INC. NON-EMPLOYEE DIRECTOR CASH COMPENSATION ARRANGEMENTS
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Human Resources
- Compensation Agreements
EX-10.39 3 dex1039.htm VIROLOGIC, INC. NON-EMPLOYEE DIRECTOR CASH COMPENSATION ViroLogic, Inc. Non-Employee Director Cash Compensation
Exhibit 10.39
VIROLOGIC, INC.
NON-EMPLOYEE DIRECTOR CASH COMPENSATION ARRANGEMENTS
On March 16, 2005, the Board of Directors of ViroLogic, Inc. (the “Company”) approved a change to the compensation the Company pays to its non-employee directors. Beginning in the 2005 fiscal year, non-employee directors will be paid an annual retainer of $15,000, to be paid in four equal quarterly installments. This annual retainer will be in addition to the meeting attendance fees currently paid to non-employee directors, of $1,500 for each Board of Directors meeting attended and, for committee members, $500 for each committee meeting attended.
