Outside Director Compensation
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EX-10.50 7 w35805exv10w50.htm EX-10.50 exv10w50
Exhibit 10.50
Outside Director Compensation
Program effective August 1, 2007
Annual Board retainer of $60,000
Lead director retainer of $30,000
Committee chair retainer:
| Audit Committee $20,000 | ||
| Compensation Committee $20,000 | ||
| Nominating & Corporate Governance Committee $15,000 | ||
| Neutrality Committee $10,000 |
Committee member retainer:
| Audit Committee $10,000 | ||
| Compensation Committee $7,500 | ||
| Nominating & Corporate Governance Committee $7,500 | ||
| Neutrality Committee $5,000 |
All amounts will be paid to directors in arrears quarterly
Annual restricted stock unit grant:
| Number of RSUs equal to $150,000 divided by the closing price of NeuStar stock on the date of grant | ||
| Granted to all non-employee directors | ||
| RSUs fully vest on the anniversary of the date of grant | ||
| RSUs automatically deferred into deferred stock units upon vesting and delivered in actual shares of NeuStar stock 6 months after the date of termination of Board service |