S1 Corporation Director Compensation Arrangement as of December 31, 2007
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Summary
This document outlines the compensation structure for outside directors of S1 Corporation as of December 31, 2007. It specifies the annual retainers for the Board Chairman and other directors, fees for attending board and committee meetings (in person or by phone), additional retainers for committee chairs, and annual grants of stock options and restricted stock. The arrangement ensures directors are compensated for their service and participation in board and committee activities.
EX-10.25 5 g12049exv10w25.htm EX-10.25 DESCRIPTION OF ARRANGEMENT FOR DIRECTOR FEES EX-10.25 DESCRIPTION/ARRANGEMENT FOR DIRECTOR 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 as of December 31, 2007 for their services as Directors:
| EVENT | FEE | |||
Annual Retainer (Board Chairman) | $ | 150,000 | ||
Annual Retainer (excluding Board Chairman) | $ | 20,000 | ||
Board Meeting Attended (In Person) | $ | 2,000 | ||
Board Meeting Attended (By Phone) | $ | 1,000 | ||
Annual Committee Chair Retainer (Audit) | $ | 20,000 | ||
Annual Committee Chair Retainer (Strategic Planning) | $ | 20,000 | ||
Annual Committee Chair Retainer (Governance) | $ | 10,000 | ||
Annual Committee Chair Retainer (Compensation) | $ | 10,000 | ||
Annual Committee Chair Retainer (Finance) | $ | 10,000 | ||
Committee Meeting Attended (In Person) | $ | 1,500 | ||
Committee Meeting Attended (By Phone) | $ | 1,000 | ||
| # of Shares | ||||
Annual Stock Option Grant | 15,000 | |||
Annual Restricted Stock Grant | 3,000 | |||
