MOLX » Topics » Compensation of Employee Director

This excerpt taken from the MOLX DEF 14A filed Sep 13, 2006.

Compensation of Employee Director

Fred L. Krehbiel is a member of the Board and is also employed by Molex in a non-executive capacity as President of the Connector Products Division of the Americas Region. During fiscal year 2006, Mr. Krehbiel received a base salary of $206,336 and earned a bonus of $80,305. On October 28, 2005, he was granted a stock option to purchase 15,000 shares of Molex Class A Common Stock at an exercise price equal to the fair market value of the stock on the grant date. The option vests ratably over four years commencing on the anniversary of the grant date, and expires five years following the grant date. In addition, Mr. Krehbiel received approximately $33,011 in other compensation in fiscal year 2006 comprised principally of use of a company car and amounts contributed to qualified and non-qualified benefit plans. Mr. Krehbiel is eligible to participate in Molex’s compensation, benefit and health and welfare plans to the same extent as all other Molex employees.

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