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New words:
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Removed:
commit, dollar, floor, investing, iodine, limit, NASI, North, procure, restated, scale, stronger
Filing tables
Filing exhibits
- 10-Q Quarterly report
- 10 Employment Agreement - David Adornetto
- 10 Employment Agreement - A. Chris Fawzy
- 10 Form of Option Agreement
- 10 Description of Directors Fees
- 10 Description of Bonus Plans
- 10 Description of Car Allowance Plan
- 31 Certification
- 31 Certification
- 32 Certification
- 32 Certification
Related press release
Mentor similar filings
Filing view
External links
EXHIBIT 10.4
MENTOR CORPORATION
WRITTEN DESCRIPTION OF DIRECTORS FEES
PURSUANT TO ITEM 601(b)(10)(iii)(A) of Regulation S-K
Each non-employee member of the Board of Directors of Mentor Corporation receives a quarterly fee of $12,500, equaling a total annual fee of $50,000. The Presiding Independent Director receives an additional $5,000 per quarter, bringing the total annual fee for the Presiding Independent Director to $70,000. In addition, under the Company's 2000 Long-Term Incentive Plan, each non-employee member of the Board of Directors is eligible to receive options to purchase shares of the Company's common stock.