FISCAL 2005 COMPENSATION PAYABLE TO NON-MANAGEMENT DIRECTORS
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.1 2 exhibit1.htm EX-10.1 EX-10.1
Exhibit 10.1
FISCAL 2005 COMPENSATION PAYABLE TO NON-MANAGEMENT DIRECTORS
On March 2, 2005, the Board of Directors of Collegiate Pacific Inc. approved the payment of the following compensation to each non-management director of the Board in respect of his service to the Board in fiscal 2005, which ends on June 30, 2005:
(1) an annual retainer of $7,500 payable at the end of fiscal 2005;
| (2) | a stock option grant of 5,000 shares per non-management director on March 2, 2005; and |
| (3) | reimbursement of customary expenses for attending Board, committee and shareholder meetings. |
