S1 Corporation Director Compensation Arrangement as of December 31, 2008
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
This document outlines the compensation structure for outside directors of S1 Corporation as of December 31, 2008. It specifies annual retainers for board members and committee chairs, fees for attending board and committee meetings (in person or by phone), and additional compensation for representing the Yodlee Board. 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-10.14 2 c82039exv10w14.htm EXHIBIT 10.14 Exhibit 10.14
EXHIBIT 10.14
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, 2008 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 | $ | 20,000 | ||
Committee Meeting Attended (In Person) | $ | 1,500 | ||
Committee Meeting Attended (By Phone) | $ | 1,000 | ||
Annual Yodlee Board Representation Retainer | $ | 20,000 | ||
| # of Shares | ||||
Annual Stock Option Grant (quarterly vesting) | 16,000 | |||
Annual Restricted Stock Grant (quarterly vesting) | 3,000 | |||
