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This excerpt taken from the XIDE DEF 14A filed Jul 24, 2009. Awards to
Non-Employee Directors
The Board may, in its discretion, authorize the granting to
non-employee directors of option rights, SARs or Other
Stock-Based Awards under the 2009 Plan and may also authorize
the grant or sale of shares of Common Stock, restricted stock or
RSUs to non-employee directors. Non-employee directors are not
eligible to receive performance shares or performance units
under the 2009 Plan. Non-employee directors may be awarded, or
may be permitted to elect to receive, under the 2009 Plan and
pursuant to procedures established by the Board, all or any
portion of their annual retainer, in shares of Common Stock,
option rights, SARs, restricted stock, RSUs, or Other
Stock-Based Awards in lieu of cash.
Table of Contents
Awards will be evidenced by an evidence of award containing such
terms and provisions, consistent with the 2009 Plan, as the
Board may approve.
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