Sciele Pharma, Inc. Directors' Compensation Summary Sheet for 2007
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Summary
This document outlines the compensation structure for directors of Sciele Pharma, Inc. for the year 2007. It details annual retainers for board membership and chairmanships, committee chairmanships, meeting fees, and special retainers for audit committee accounting experts. Additionally, each non-employee director received 10,000 restricted shares as part of their compensation. The summary provides specific dollar amounts for each role and compensation type.
EX-10.32 3 a2183057zex-10_32.htm EXHIBIT 10.32
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Exhibit 10.32
SCIELE PHARMA, INC.
DIRECTORS' COMPENSATION FOR 2007 SUMMARY SHEET
| Annual Board Retainer | 2007 2008 | $ $ | 30,000 30,000 | ||
Annual Board Chairmanship Retainer | 2007 2008 | $ $ | 10,000 15,000 | ||
Nomination/Corporate Governance Committee Chairmanship Retainer | 2007 2008 | $ $ | 15,000 5,000 | ||
Audit Committee Chairmanship Retainer | 2007 2008 | $ $ | 15,000 10,000 | ||
Compensation Committee Chairmanship Retainer | 2007 2008 | $ $ | 15,000 7,500 | ||
Mergers & Acquisition Committee Chairmanship Retainer | 2007 2008 | $ $ | 15,000 5,000 | ||
Board and Committee Meeting Fee (In Person Meeting) | 2007 2008 | $ $ | 2,000 2,000 | ||
Audit Committee Accounting Expert Retainer | 2007 2008 | $ $ | 10,000 10,000 |
In 2007, in addition to the base compensation, each director who was not a employee was granted 10,000 restricted shares.
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