Sento Corporation Nonemployee Director Compensation Summary (December 13, 2004)
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Summary
This document outlines the compensation policy for nonemployee directors of Sento Corporation, as approved on December 13, 2004. Nonemployee directors receive $4,000 for each board meeting attended ($8,000 for the Chairman) and $2,000 for each board committee meeting attended. No compensation is provided for teleconference meetings unless the Board decides otherwise. Additionally, nonemployee directors are granted 7,500 stock options annually, with the Chairman receiving 11,250 options.
EX-10.01 2 ex1001form8k121304.txt SUMMARY OF COMPENSATION Exhibit 10.01 SENTO CORPORATION Summary of Compensation for Service as a Nonemployee Director (Approved by Unanimous Written Consent Dated December 13, 2004) Compensation for Board Meeting Attended: $4,000 (Chairman: $8,000) Compensation for Board Committee Meeting Attended: $2,000 No compensation will be paid for teleconference meetings unless the Board of Directors determines that their frequency or duration justifies payment as a regular meeting of the Board of Directors. Annual Grant of Options: 7,500 (Chairman: 11,250)
