Summary of Directors Ongoing Compensation
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EX-10.8 5 f10k2019ex10-8_pluristem.htm SUMMARY OF DIRECTORS ONGOING COMPENSATION
Exhibit 10.8
Summary of Directors Ongoing Compensation
As of June 30, 2019 our non-executive officer directors receive cash compensation as follows:
| ● | Annual compensation of $15,000; |
| ● | Meeting participation fee of $935 per in-person meeting; and |
| ● | For meeting participation by telephone, $435 per meeting. |
If the compensation is paid in New Israeli Shekels (“NIS”), the exchange rate of the directors’ fees used to calculate the fees will be not less then $4.25 per NIS.
The directors are also entitled to two and a half percent (2.5%) from amounts received by us from non diluting funding and strategic deals, as determined by the Board of Directors and/or the Compensation Committee.
