RadiSys Corporation Director Compensation Arrangement Revisions Effective April 1, 2010
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Summary
RadiSys Corporation's board compensation committee approved new compensation terms for non-employee directors, effective April 1, 2010. The arrangement sets annual retainers for directors and additional payments for serving as Chairman of the Board or as chair or member of key committees, including Audit, Compensation and Development, and Nominating and Governance Committees. The agreement outlines specific annual amounts for each role, clarifying the compensation structure for non-employee directors.
EX-10.2 3 exhibit102.htm SUMMARY OF REVISIONS TO COMPENSATORY ARRANGEMENTS OF DIRECTORS WebFilings | EDGAR view
Exhibit 10.2
REVISIONS TO 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, 2010, as follows:
| Director annual retainer | $31,000 |
| Chairman of the Board annual retainer | $66,000 |
| Audit Committee Chairman | $17,000 |
| Compensation and Development Committee Chairman | $10,000 |
| Nominating and Governance Committee Chairman | $8,000 |
| Compensation and Development Committee membership | $5,000 |
| Nominating and Governance Committee membership | $4,000 |
| Audit Committee membership | $7,500 |
