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VRSN » Topics » CASH COMPENSATION

This excerpt taken from the VRSN 10-Q filed Jul 12, 2007.

CASH COMPENSATION

 

  •  

Each director shall receive an annual retainer of $37,500.

 

  •  

Directors who serve on the Compensation or Audit Committees will receive and additional annual retainer of $20,000. Directors who serve on committees other than the Compensation or Audit Committees will receive an additional annual retainer of $10,000.

 

  •  

Compensation and Audit Committee Chairpersons will receive an additional annual retainer of $10,000. The additional annual retainer for a committee Chairperson other than the Compensation or Audit Committees will be $5,000.

 

  •  

The Director who serves as the Lead Independent Director will receive an additional retainer of $10,000 per quarter.

 

  •  

There will be no meeting fees for director attendance of the five scheduled Board meetings per year. For each Special Meeting of the Board called pursuant to proper notice, in person or by telephone, beyond the five scheduled Board meetings per year, each director in attendance will receive a meeting fee of $2,000. There will be no meeting fees for any special committee meetings.

This excerpt taken from the VRSN 10-K filed Mar 13, 2006.

CASH COMPENSATION

 

  1. Each director shall receive an annual retainer of $37,500.

 

  2. Directors who serve on the Compensation or Audit Committees will receive and additional annual retainer of $20,000. Directors who serve on committees other than the Compensation or Audit Committees will receive an additional annual retainer of $10,000.

 

  3. Compensation and Audit Committee Chairpersons will receive an additional annual retainer of $10,000. The additional annual retainer for Chairperson positions on committees other than the Compensation or Audit Committees will be $5,000.

 

  4. The Director who serves as the Lead Independent Director will receive an additional retainer of $10,000 per quarter.

 

  5. There will be no meeting fees for director attendance of the five scheduled Board meetings per year. For each Special Meeting of the Board called pursuant to proper notice, in person or by telephone, beyond the five scheduled Board meetings per year, each director in attendance will receive a meeting fee of $2,000. There will be no meeting fees for any special committee meetings.

 

This excerpt taken from the VRSN 10-K filed Mar 16, 2005.

CASH COMPENSATION

 

  1. Each director shall receive an annual retainer of $25,000.

 

  2. Directors who serve on the Compensation or Audit Committees will receive and additional annual retainer of $20,000. Directors who serve on committees other than the Compensation or Audit Committees will receive an additional annual retainer of $10,000.

 

  3. Compensation and Audit Committee Chairpersons will receive an additional annual retainer of $10,000. The additional annual retainer for Chairperson positions on committees other than the Compensation or Audit Committees will be $5,000.

 

  4. There will be no meeting fees for director attendance of the five scheduled Board meetings per year. For each Special Meeting of the Board called pursuant to proper notice, in person or by telephone, beyond the five scheduled Board meetings per year, each director will receive a meeting fee of $2,000. There will be no meeting fees for any special committee meetings.

 

EXCERPTS ON THIS PAGE:

10-Q
Jul 12, 2007
10-K
Mar 13, 2006
10-K
Mar 16, 2005

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