FiberNet Telecom Group, Inc. Amended and Restated 2007 Board of Directors Compensation PlanExecutive Compensation Plan Agreement |
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Exhibit 10.1
FiberNet Telecom Group, Inc.
Amended and Restated 2007 Board of Directors Compensation Plan
(as adopted on and as of August 20, 2007)
| I. | Board of Directors |
| A. | $16,000 base salary, payable in cash on a quarterly basis in arrears |
| B. | $1,000 payable in cash for each meeting attended |
| C. | Additional $500 payable in cash to the Board Chairman for each meeting attended |
| II. | Audit Committee |
| A. | $1,000 payable in cash for each meeting attended |
| B. | Additional $500 payable in cash to the Committee Chairman for each meeting attended |
| C. | Additional $10,000 per annum, payable in cash on a quarterly basis in arrears to the Committee Chairman |
| III. | Compensation Committee |
