RADISYS CORPORATION DESCRIPTION OF REVISIONSTO DIRECTOR COMPENSATION ARRANGEMENTS
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EX-10.4 4 dex104.htm DESCRIPTION OF THE REVISIONS OF THE COMPANY'S DIRECTORS COMPENSATION ARRANGEMENT Description of the Revisions of the Company's Directors Compensation Arrangement
Exhibit 10.4
RADISYS CORPORATION
DESCRIPTION OF REVISIONS TO DIRECTOR COMPENSATION ARRANGEMENTS
Effective January 1, 2008:
| The annual retainer for members of the board of directors (the Board) of RadiSys Corporation (excluding committee Chairs) will increase from $25,000 to $28,000; |
| The annual retainer for the Chair of the Audit Committee of the Board will increase from $11,000 to $12,500; and |
| The annual retainer for Chairs of each of the Compensation Committee of the Board and the Development Committee of the Board will increase from $9,000 to $10,000. |
Effective October 23, 2007:
| Vesting schedule of initial stock grants for committee Chairs and Board members will increase from 1 year to 3 years. |