Silicon Graphics International Corp. Non-Employee Director Compensation Arrangement (Effective August 1, 2009)
This agreement outlines the annual cash compensation for non-employee directors of Silicon Graphics International Corp., effective August 1, 2009. It specifies annual retainers for board members, committee chairpersons, and committee members, as well as an additional retainer for the non-employee Chairman of the Board. Payments are made quarterly and are pro-rated for partial service during any quarter.
Exhibit 10.86
Annual Cash Compensation for Non-Employee Directors
Effective August 1, 2009 the annual cash compensation for non-employee directors of Silicon Graphics International Corp. was amended to be as follows:
| Annual Retainer for Board Members: | $ | 45,000 | |
| Annual Retainer for Committee Positions: | |||
| Audit Committee Chairperson: | $ | 24,000 | |
| Other Audit Committee members: | $ | 10,000 | |
| Compensation Committee Chairperson: | $ | 15,000 | |
| Other Compensation Committee members: | $ | 8,000 | |
| Nominating Committee Chairperson: | $ | 10,000 | |
| Other Nominating Committee members: | $ | 5,000 | |
| Strategic Planning Committee Chairperson: | $ | 4,000 | |
| Other Strategic Planning Committee members: | $ | 2,000 | |
| Annual Retainer for Non-Employee Chairman of the Board: | $ | 25,000 | |
All retainer payments will be paid quarterly in arrears, pro-rated for any partial quarters served.
