Spring Creek Healthcare Systems, Inc. 2011 Board Compensation Package

EX-10.2 3 ex102.htm EXHIBIT 10.2 ex102.htm
Exhibit 10.2

 
Spring Creek Healthcare Systems, Inc.
 
2011 Board Compensation Package
 

 
The Board Compensation Package consists of:
 
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Options to purchase 500,000 shares at an exercise price equivalent to the closing price of the meeting ($.05) and that these options are granted with a 5 year term, with the exception of Kelly T. Hickel who will have options to purchase 125,000 shares as well as receive 250,000 shares

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$1,000 for each independent director that physically attends a meeting as well as traveling expenses

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$500 for each independent director that participates in a telephonic meeting