HAWKER BEECHCRAFT ACQUISITION CO LLC - FORM 10-K - EX-10.34 - COMPENSATION PROGRAM FOR CERTAIN DIRECTORS - February 25, 2011

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10-K - FORM 10-K - HAWKER BEECHCRAFT ACQUISITION CO LLCd10k.htm
EX-32.1 - CERTIFICATION OF THE PEO AND PFO OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex321.htm
EX-31.1 - CERTIFICATIONS OF THE PEO AND PFO OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex311.htm
EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - HAWKER BEECHCRAFT ACQUISITION CO LLCdex121.htm
EX-31.2 - CERTIFICATIONS OF THE PEO AND PFO OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex312.htm
EX-21.1 - LIST OF SUBSIDIARIES - HAWKER BEECHCRAFT ACQUISITION CO LLCdex211.htm
EX-32.2 - CERTIFICATION OF THE PEO AND PFO OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex322.htm
EX-10.25.6 - HAWKER BEECHCRAFT SAVINGS AND INVESTMENT PLAN - HAWKER BEECHCRAFT ACQUISITION CO LLCdex10256.htm
EX-10.19.5 - HAWKER BEECHCRAFT CORPORATION RETIREMENT INCOME PLAN FOR SALARIED EMPLOYEES - HAWKER BEECHCRAFT ACQUISITION CO LLCdex10195.htm
EX-10.35 - SEPARATION OF EMPLOYMENT AGREEMENT AND GENERAL RELEASE (SIDNEY E. ANDERSON) - HAWKER BEECHCRAFT ACQUISITION CO LLCdex1035.htm

Exhibit 10.34

Compensation Program for Certain Directors, Effective July 1, 2010

Directors who are not HBC employees or employees of the GS entities, the Onex entities, or their respective affiliates will receive:

 

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cash compensation of $17,500 per quarter; and

 

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an annual option to purchase the number of HBI common shares that will result in an aggregate exercise price of $100,000, based on the fair market value per share of the underlying stock at the date of grant;

 

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an opportunity to make an irrevocable election annually on or before December 31 to take up to $12,500 of their quarterly cash compensation in equivalent shares of HBI common stock; and

 

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an opportunity to make an irrevocable election annually to defer up to 50% of their cash compensation in a deferred compensation plan.

In addition, each director who is not our employee or an employee of the GS entities, the Onex entities, or their respective affiliates and who also serves as a Chairperson for the Audit Committee of the Board of Directors of HBI will receive an additional $1,250 per quarter.

HAWKER BEECHCRAFT ACQUISITION CO LLC Reports

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