ViewSonic Corporation 2005 Non-Employee Director Cash Compensation Policy
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Summary
ViewSonic Corporation has established a policy outlining cash compensation for its non-employee directors. Each non-employee director receives an annual retainer of $30,000 and reimbursement for reasonable travel and lodging expenses related to board or committee meetings. Additionally, committee chairmen receive an extra $10,000 per year, and committee members receive an extra $3,000 per year. This policy sets the terms for how non-employee directors are compensated for their service and participation in board and committee activities.
EX-10.16 4 ex10_16.htm 2005 NON-EMPLOYEE DIRECTOR CASH COMPENSATION POLICY Unassociated Document
Exhibit 10.16
VIEWSONIC CORPORATION
SUMMARY OF TERMS
2005 NON-EMPLOYEE DIRECTOR CASH COMPENSATION POLICY
The non-employee members of ViewSonic Corporation’s Board of Directors shall receive a retainer fee of $30,000 per annum and shall also be reimbursed for travel, lodging and other reasonable expenses incurred in attending Board of Directors or committee meetings. In addition, the chairman of each committee shall receive a retainer fee of $10,000 per annum and each committee member shall receive a retainer fee of $3,000 per annum.
