S1 Corporation Director Compensation Arrangement (2006-2007)
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Summary
This document outlines the compensation structure for outside directors of S1 Corporation for the period of November 2006 to 2007. It specifies the fees paid for attending meetings, annual retainers for committee chairs, and the Chairman, as well as annual grants of stock options and restricted stock. Directors receive cash payments for their participation and leadership roles, along with equity incentives. The arrangement details the amounts for each type of service and grant, ensuring transparency in director compensation.
EX-10.25 3 g05913exv10w25.htm EX-10.25 DESCRIPTION OF ARRANGEMENT FOR DIRECTORS FEES EX-10.25 DESC. OF ARRANGEMENT FOR DIRECTORS FEES
EXHIBIT 10.25
DESCRIPTION OF ARRANGEMENT FOR DIRECTORS FEES
The following sets forth the amount of fees payable to outside directors of S1 Corporation for their services as Directors in November 2006-2007:
| EVENT | FEE | |||
Quarterly Retainer (excluding Chairman) | $ | 5,000 | ||
Committee Meeting Attended (In Person) | $ | 1,500 | ||
Committee Meeting Attended (By Phone) | $ | 1,000 | ||
Annual Committee Chair Retainer (Board Chairman) | $ | 150,000 | ||
Annual Committee Chair Retainer (Audit) | $ | 20,000 | ||
Annual Committee Chair Retainer (Strategic Planning) | $ | 20,000 | ||
Annual Committee Chair Retainer (Governance) | $ | 5,000 | ||
Annual Committee Chair Retainer (Compensation) | $ | 5,000 | ||
| # of Shares | ||||
Annual Stock Option Grant | 15,000 | |||
Annual Restricted Stock Grant | 3,000 | |||
