Independent Director Compensation Plan

Contract Categories: Human Resources - Compensation Agreements
EX-10.1 2 ex10-1.htm


Exhibit 10.1


Independent Director Compensation


Annual Retainer  $30,000 
Audit Committee Chair  $20,000 
Compensation Committee Chair  $15,000 
Nominating & Governance Committee Chair  $10,000 
Committee Members:     
Audit  $7,500 
Compensation  $5,000 
Nominating  $3,500 
Initial Equity Signing   250,000 options at market price with multi-year vesting 
Annual Stock Options   At discretion of Compensation Committee 


* All cash fees are annual, paid quarterly, and commence upon the completion of the Company’s next financing subsequent to January 24, 2022.