S1 Corporation Director Compensation Arrangement as of December 31, 2009

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the compensation structure for outside directors of S1 Corporation as of December 31, 2009. It specifies annual retainers for board members and committee chairs, fees for attending board and committee meetings, and annual grants of stock options and restricted stock. The arrangement details the amounts paid for each role and event, ensuring transparency in director compensation.

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EX-10.11 2 c97386exv10w11.htm EXHIBIT 10.11 Exhibit 10.11
Exhibit 10.11
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, 2009 for their services as Directors:
         
EVENT   FEE
Annual Retainer (Board Chairman)
   $100,000  
Annual Retainer (excluding Board Chairman)
   $35,000  
Board Meeting Attended
   $2,000  
Annual Committee Chair Retainer
        
Audit Committee
   $20,000  
Compensation Committee
   $15,000  
Corporate Governance and Nominating Committee
   $15,000  
Strategic Planning Committee
   $15,000  
Yodlee Board Representative
   $15,000  
Committee Meeting Attended
   $1,500  
Annual Stock Option Grant
   10,000 shares
(quarterly vesting)
Annual Restricted Stock Grant
   6,000 shares
(quarterly vesting)