S1 Corporation Non-Employee Director Compensation Arrangement Effective June 5, 2010
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Summary
This document outlines the compensation structure for non-employee directors of S1 Corporation as of June 5, 2010. It specifies annual retainers for board members and committee chairs, fees for attending board and committee meetings, and additional compensation for serving as a Yodlee Board Representative. Directors also receive annual grants of stock options and restricted stock, both vesting quarterly. The arrangement details the amounts and types of compensation directors receive for their service.
EX-10.11 2 c02273exv10w11.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 non-employee directors of S1 Corporation effective as of June 5, 2010 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 | $ | 2,000 | ||
Yodlee Board / Committee Meeting Attended | $ | 2,000 | ||
Annual Stock Option Grant | 10,000 shares (quarterly vesting) | |||
Annual Restricted Stock Grant | 6,000 shares (quarterly vesting) | |||
