Attached files
| file | filename |
|---|---|
| EX-21.1 - EX-21.1 - SYNOVIS LIFE TECHNOLOGIES INC | c55201exv21w1.htm |
| EX-31.1 - EX-31.1 - SYNOVIS LIFE TECHNOLOGIES INC | c55201exv31w1.htm |
| EX-32.1 - EX-32.1 - SYNOVIS LIFE TECHNOLOGIES INC | c55201exv32w1.htm |
| EX-23.1 - EX-23.1 - SYNOVIS LIFE TECHNOLOGIES INC | c55201exv23w1.htm |
| EX-10.11 - EX-10.11 - SYNOVIS LIFE TECHNOLOGIES INC | c55201exv10w11.htm |
| EX-10.16 - EX-10.16 - SYNOVIS LIFE TECHNOLOGIES INC | c55201exv10w16.htm |
| 10-K - FORM 10-K - SYNOVIS LIFE TECHNOLOGIES INC | c55201e10vk.htm |
| EX-31.2 - EX-31.2 - SYNOVIS LIFE TECHNOLOGIES INC | c55201exv31w2.htm |
Exhibit 10.10
Non-Employee Directors’ Cash Compensation
In fiscal 2010, non-employee directors of Synovis Life Technologies, Inc. (the “Company”) will
receive cash compensation as outlined in the table below:
| Compensation Rate | ||||
| Fiscal 2010 | ||||
Monthly Board member retainer |
$ | 1,500 | ||
Fee per Board meeting attended |
$ | 1,250 | ||
Fee per Audit Committee meeting attended |
$ | 1,000 | (1) | |
Fee per Compensation Committee meeting attended |
$ | 1,000 | (1) | |
Fee per Governance Committee meeting attended |
$ | 1,000 | (1) | |
Fee per Investment Review Committee meeting attended |
$ | 500 | ||
Annual stipend for Chairman of the Board |
$ | 4,000 | ||
Annual stipend for Audit Committee Chair |
$ | 3,000 | ||
Annual stipend for Compensation Committee Chair |
$ | 2,000 | ||
| (1) | The Chairs of the Audit, Compensation and Governance Committees of the Board of Directors (the “Board”) of the Company will receive 1.5 times the meeting fee for each committee meeting to reflect the work and preparation required as chair for such meetings. |
Directors who are otherwise employees of the Company do not receive any additional compensation for
their service on the Board or any of its committees.
Non-Employee Directors’ Equity Compensation
On November 2, 2009, non-qualified stock options to purchase shares of the Company’s common stock
listed below, at an exercise price of $12.00 per share (the closing price of a share of the
Company’s common stock on the date of the grant), were awarded to each non-employee director of the
Company under the Company’s 2006 Stock Incentive Plan:
| Name | Options Granted | |||
Timothy M. Scanlan |
30,000 | |||
William G. Kobi |
30,000 | |||
Karen Gilles Larson |
30,000 | |||
Mark F. Palma |
30,000 | |||
Richard W. Perkins |
30,000 | |||
John D. Seaberg |
30,000 | |||
Sven A. Wehrwein |
30,000 | |||
Such options vest in increments of one-third on October 31, 2010, 2011 and 2012, respectively, and
expire four years following the vest date.