One-Time Incremental Retainer Agreement Between Novell, Inc. and Chairman of the Board
Novell, Inc.'s Board of Directors approved a one-time $50,000 payment to its Chairman in recognition of his extra work and time spent on the Board's review of strategic options to improve shareholder value. This payment is a special retainer, recommended by the Compensation Committee, and is intended to compensate the Chairman for his increased responsibilities during this period.
Exhibit 10.6
On April 2, 2010, the Board of Directors of Novell, Inc., upon the recommendation of its Compensation Committee, approved a one-time $50,000 incremental Board retainer payment to the Chairman of the Board, in recognition of his significant involvement and increased work effort and time commitment in relation to the Board’s current review of strategic alternatives to enhance shareholder value.
