Non-Employee Director Compensation

EX-10.15 9 ex10x15.htm EXHIBIT 10.15 ex10x15.htm
Exhibit 10.15
 

 
 
Non-Employee Director Compensation
 
Type of Compensation
 
Amount
 
Monthly Retainer for Non-Employee Directors
$  1,000
Stock Option Awards
(1)
Other Compensation
(2)
 
 
______________

(1)
Non-employee directors typically receive a stock option award upon joining the Board, and then typically receive annual grants.  In 2009, the annual grant was 50,000 stock options.

(2)
Directors are reimbursed for out-of-pocket expenses.