50 of the Top 250 law firms use our Products every day
Exhibit 10.13
ExpressJet Holdings,
Inc.
Non-Employee Director Compensation
The following compensation schedule applied to directors who were
not employees of the Company, up to September 11, 2008:
Annual Retainers
The highest applicable annual retainer amount of the amounts set
forth below:
|
Director
|
|
$40,000 per year
|
|
Committee Chair (other than Audit)
|
|
$50,000 per year
|
|
Audit Committee Chair
|
|
$55,000 per year
|
|
Chairman of the Board
|
|
$60,000 per year
|
Meeting Fees
|
Each board meeting physically attended (Chair)
|
|
$3,000
|
|
Each board meeting physically attended
(non-Chair)
|
|
$2,000
|
|
Each committee meeting physically attended
|
|
$2,000
|
|
Each board or committee meeting, telephonic participation
|
|
$1,000
|
|
Reimbursement of appropriate out-of-pocket expenses
|
|
|
Stock Grants*
|
|
•
|
$35,000 fair market value of restricted shares upon initial
election to Board
|
|
|
•
|
$35,000 Black-Scholes value of stock options upon initial
election to Board
|
|
|
•
|
$35,000 fair market value of restricted shares following each
annual stockholders meeting
|
|
|
•
|
$35,000 Black-Scholes value of stock options following each
annual stockholders meeting
|
Flight Benefits
&nbs
|
