Attached files
| file | filename |
|---|---|
| EX-23 - NU HORIZONS ELECTRONICS CORP | v183420_ex23.htm |
| EX-21 - NU HORIZONS ELECTRONICS CORP | v183420_ex21.htm |
| EX-31.2 - NU HORIZONS ELECTRONICS CORP | v183420_ex31-2.htm |
| EX-32.1 - NU HORIZONS ELECTRONICS CORP | v183420_ex32-1.htm |
| EX-32.2 - NU HORIZONS ELECTRONICS CORP | v183420_ex32-2.htm |
| EX-31.1 - NU HORIZONS ELECTRONICS CORP | v183420_ex31-1.htm |
| EX-10.48 - NU HORIZONS ELECTRONICS CORP | v183420_ex10-48.htm |
| EX-10.49 - NU HORIZONS ELECTRONICS CORP | v183420_ex10-49.htm |
| EX-10.50 - NU HORIZONS ELECTRONICS CORP | v183420_ex10-50.htm |
| 10-K - NU HORIZONS ELECTRONICS CORP | v183420_10k.htm |
EXHIBIT
10.24
Compensation
of Outside Directors
Until the
elimination of the previously-implemented (January 2009) 10% salary reduction
for employees and equivalent reduction in the compensation payable to the
Company’s outside (non-employee) directors, the cash compensation payable to the
outside directors is as follows:
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the
annual cash retainer payable for Company Board-level (as opposed to
Committee-level) service will be
$27,000;
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the
annual cash retainer payable to the chairman of the Audit Committee will
be $10,800;
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the
annual cash retainer payable to the chairman of the Compensation Committee
will be $8,100;
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the
annual cash compensation payable to the chairman of the Corporate
Governance Committee will be $6,300;
and
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the
annual cash retainer payable to the Lead Independent Director will be
$10,800.
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The
per-meeting fees payable to the outside directors are as follows:
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for
in-person Board of Directors meetings,
$1,440;
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for
in-person Committee meetings, $1,080;
and
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·
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for
telephonic meetings of the Board of Directors or a Committee lasting less
than one hour, an amount equal to 50% of the per meeting for a Board of
Directors or Committee meeting, as applicable;
and
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·
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on
and after February 1, 2010, the Chairman of the Joint Special Committee
shall be paid additional compensation at the rate of $150 per hour in
recognition of his increased responsibilities in connection with the
search for a new chief executive
officer.
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In
addition, if and when a Special Committee is needed, the amount of the
compensation payable to the members of such Committee will be: $4,500 per month
for the chairman; $2,250 per month for the vice-chairman; and $1,800 per meeting
for all members of the Special Committee. The additional compensation will be
discontinued when any Special Committee project is suspended or
concluded.