Attached files
| file | filename |
|---|---|
| 10-Q - VIRNETX HOLDING CORP 10-Q 6-30-2011 - VirnetX Holding Corp | form10q.htm |
| EX-32.1 - EXHIBIT 32.1 - VirnetX Holding Corp | ex32_1.htm |
| EX-31.2 - EXHIBIT 31.2 - VirnetX Holding Corp | ex31_2.htm |
| EX-31.1 - EXHIBIT 31.1 - VirnetX Holding Corp | ex31_1.htm |
| EX-32.2 - EXHIBIT 32.2 - VirnetX Holding Corp | ex32_2.htm |
Exhibit 10.20
Fiscal Year 2011 Director Compensation
|
Compensation Element
|
Compensation
|
|
General Board Service – Cash
|
} Board cash retainer: $40,000
|
|
} Meeting fees: none
|
|
|
General Board Service – Equity
|
} Initial equity grant: 30,000 option shares
|
|
● Vest annually over 3 years
|
|
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} Annual equity grant: 15,000 option shares
|
|
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● Vest 100% after 1 year
|
|
|
Committee Chair Service
|
} Annual cash retainer:
|
|
● Audit: $16,500
|
|
|
● Compensation: $9,000
|
|
|
● Nom/Gov: $5,000
|
|
|
} Meeting fees: none
|
|
|
Committee Member Service
|
} Annual cash retainer:
|
|
● Audit: $6,000
|
|
|
● Compensation: $5,000
|
|
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● Nom/Gov: $2,000
|
|
|
} Meeting fees: none
|