2024 Non-Employee Director Compensation Policy for Board Members

Summary

This policy outlines the compensation for independent directors serving on the company's Board during fiscal year 2024. Each independent director receives a $5,000 cash stipend each quarter, while the chair of the audit committee receives an additional $2,500 per quarter. Directors are also reimbursed for travel expenses related to attending board meetings. The Board of Directors reviews and determines compensation at its discretion.

EX-10.10 3 onfo_ex1010.htm DIRECTOR COMPENSATION POLICY onfo_ex1010.htm

 

EXHIBIT 10.10

   

2024 Non-Employee Director Compensation Policy

 

Compensation for our directors is discretionary and is reviewed from time to time by our Board of Directors. Any determinations with respect to Board compensation are made by our Board of Directors. During Fiscal year 2024, each of our independent directors who serve on our Board received a quarterly stipend of $5,000 payable in cash. Additionally, the chair of our audit committee receives an additional quarterly stipend of $2,500 payable in cash. All directors are also entitled to reimbursement for travel expenses for attending director meetings.