VLTR » Topics » Cash Compensation Paid to Board Members

This excerpt taken from the VLTR DEF 14A filed Mar 20, 2009.

Cash Compensation Paid to Board Members

For the fiscal year ended December 31, 2008, members of the Board who are not Volterra employees were entitled to receive the following cash compensation in connection with their service on the Board of Directors and committees of the Board of Directors. These payments are made in equal quarterly installments.

 

     2008 Annual
Compensation
   2007 Annual
Compensation

Chairman of the Board of Directors:

   $ 10,000      N/A

Member of Board of Directors:

   $ 25,000    $ 25,000

Member of Audit Committee:

   $ 7,000    $ 2,500

Member of Compensation Committee:

   $ 3,500      N/A

Member of Nominating and Governance Committee:

   $ 2,500      N/A

Audit Committee Chair:

   $ 15,000    $ 5,000

Compensation Committee Chair:

   $ 7,000    $ 2,500

Nominating and Governance Committee Chair:

   $ 5,000    $ 2,500
This excerpt taken from the VLTR DEF 14A filed Mar 18, 2008.
Cash Compensation Paid to Board Members
 
For the fiscal year ended December 31, 2007, members of the Board who are not Volterra employees are entitled to receive the following cash compensation in connection with their service on the Board of Directors and committees of the Board of Directors. These payments are made in equal quarterly installments.
 
         
    Annual Compensation  
 
Member of Board of Directors:
  $ 25,000  
Member of Audit Committee:
  $ 2,500  
Audit Committee Chair:
  $ 5,000  
Chair of other Board committees:
  $ 2,500  


30


 

This excerpt taken from the VLTR DEF 14A filed Apr 24, 2007.
Cash Compensation Paid to Board Members
 
For the fiscal year ended December 31, 2006, members of the Board who are not employees of Volterra are entitled to receive the following cash compensation in connection with their service on the Board of Directors and committees of the Board of Directors. These payments were made in equal quarterly installments, through the third quarter of 2006.
 
         
    Annual
 
    Compensation  
 
Member of Board of Directors:
  $ 15,000  
Member of Audit Committee:
  $ 2,500  
Member of other Board committees:
  $ 2,500  
Audit Committee Chair:
  $ 5,000  
Chair of other Board committees:
  $ 2,500  
 
On August 9, 2006, the Board of Directors revised the cash compensation of the non-employee directors as follows, which payments were made effective on a pro rata basis for the fourth quarter of 2006, and shall continue in 2007.
 
         
    Annual
 
    Compensation  
 
Member of Board of Directors:
  $ 25,000  
Member of Audit Committee:
  $ 2,500  
Audit Committee Chair:
  $ 5,000  
Chair of other Board committees:
  $ 2,500  


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