RadiSys Corporation Non-Employee Director Compensation Arrangement Effective April 1, 2011
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
RadiSys Corporation's board of directors, through its compensation committee, approved a compensation plan for non-employee directors effective April 1, 2011. The arrangement sets annual retainers for directors and additional payments for serving as chairman or as a member of various board committees. The agreement outlines specific compensation amounts for each role, ensuring clarity on director pay structure.
EX-10.2 3 a102directorscompensatoryarr.htm WebFilings | EDGAR view
Exhibit 10.2
COMPENSATORY ARRANGEMENTS OF DIRECTORS
The compensation committee of the board of directors of RadiSys Corporation approved non-employee director compensation, effective as of April 1, 2011, as follows:
Director annual retainer | $ | 35,000 | |
Chairman of the Board annual retainer | $ | 75,000 | |
Audit Committee Chairman | $ | 17,000 | |
Compensation and Technology and Marketing Development Committee Chairman | $ | 11,000 | |
Nominating and Governance Committee Chairman | $ | 8,000 | |
Compensation and Technology and Marketing Development Committee membership | $ | 5,000 | |
Nominating and Governance Committee membership | $ | 4,000 | |
Audit Committee membership | $ | 7,500 | |
