RadiSys Corporation Director Compensation Arrangement Revisions Effective April 1, 2010

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