Attached files
| file | filename |
|---|---|
| 8-K - 8-K - IPASS INC | ipassform8-k2018newappoint.htm |
Exhibit 10.1
Non-Employee Director Compensation
Effective July 1, 2018, the cash compensation payable to non-employee directors of the Board is as follows, paid quarterly in advance:
Retainer | Amount |
Annual | $30,000 |
Chairman of the Board | $20,000 |
Committee Service | $5,000 |
Audit Committee Chair | $15,000 |
Compensation Committee Chair | $8,000 |
Corporate Governance Committee Chair | $6,000 |
The equity compensation payable to non-employee directors of the Board is pursuant to the iPass Inc. Amended and Restated 2003 Non-Employee Directors Plan, in which each non-employee director when first elected to the Board will receive, as an initial grant, a restricted stock award (“RSA”) with a value of $74,380, and at each annual meeting each non-employee director will receive, as an annual grant, an RSA with a value of $47,642.