Attached files
file | filename |
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10-Q - FORM 10-Q - ARBITRON INC | w79284e10vq.htm |
EX-4.1 - EX-4.1 - ARBITRON INC | w79284exv4w1.htm |
EX-4.2 - EX-4.2 - ARBITRON INC | w79284exv4w2.htm |
EX-32.1 - EX-32.1 - ARBITRON INC | w79284exv32w1.htm |
EX-10.3 - EX-10.3 - ARBITRON INC | w79284exv10w3.htm |
EX-31.1 - EX-31.1 - ARBITRON INC | w79284exv31w1.htm |
EX-10.1 - EX-10.1 - ARBITRON INC | w79284exv10w1.htm |
EX-10.2 - EX-10.2 - ARBITRON INC | w79284exv10w2.htm |
EX-31.2 - EX-31.2 - ARBITRON INC | w79284exv31w2.htm |
Exhibit 10.4
Arbitron Inc. 2010 Board of Director Compensation
The Arbitron Non-Employee Board of Directors receive the following compensation for 2010:
Annual Retainer Fee
|
$30,000 | |
Independent Chairman of the Board Additional Annual Retainer |
$85,000 | |
Committee Chair Retainer
|
Audit Committee: $20,000 Technology Strategy Committee: |
|
$20,000 Growth Strategy Committee: one-time grant of 15,000 stock options Other Committees: $10,000 |
||
Board Meeting Fees (In person or by telephone) |
$1,500 | |
Committee Meeting Fees (In person)
|
$1,500 | |
Committee Meeting Fees (By telephone)
|
$750 | |
Initial Deferred Stock Unit Award
|
Each newly elected non-employee director will receive a one-time grant of 4,500 deferred stock units, which deferred stock units will vest in three equal installments of 1,500 deferred stock units over a three-year period and will be payable no sooner than six months following the directors termination of service as a director of the Company. | |
Annual Deferred Stock Unit Awards
|
Beginning the annual meeting after initial election to the board of directors, each continuing non-employee director will receive an annual grant of $100,000 worth of deferred stock units, which deferred stock units will vest in three equal installments over a three-year period and will be payable no sooner than six months following the directors termination of service as a director of the Company. |
All cash retainer fees and meeting fees payable to non-employee directors may be paid, at the
election of each director, in the form of deferred stock units, in lieu of cash.