Summary of Non-Employee Director Compensation Arrangements for National Dentex Corporation

Contract Categories: Human Resources › Compensation Agreements
Summary

National Dentex Corporation outlines the compensation for its non-employee directors, offering an annual retainer of $30,000 in cash or $36,000 in equity. Directors receive meeting fees of $1,000 for in-person attendance and $500 for telephone participation. Additional compensation is provided for committee roles, including $10,000 for the audit committee chair, $2,000 for audit committee members, and $2,000 for other committee chairs. Directors also receive an annual restricted stock grant valued at $18,000, which vests over two years.

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EX-10.25 2 b68139ndexv10w25.htm EX-10.25 WRITTEN SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION ARRANGEMENTS exv10w25  

Exhibit 10.25
Summary of Non-Employee Director Compensation
Non-Employee directors of National Dentex Corporation are paid the following fees:
         
Annual Retainer
  $30,000 cash or $36,000 equity    
 
        
Meeting Fees
  $1,000 in person; $500 telephone     
 
        
Committee membership
        
•   Audit committee chair
  $10,000     
•   Audit committee member
  $2,000     
•   Other committee chair
  $2,000     
 
        
New Restricted Stock Grants
  $18,000 (annual grant; vesting over two year period)