Exhibit 10.30
ModusLink Global Solutions,
Inc.
Amended and Restated Director
Compensation Plan
1. Purpose.
In order to attract and retain
highly qualified individuals to serve as members of the Board of
Directors of ModusLink Global Solutions, Inc. (the
“Corporation”), the Corporation has adopted this
Amended and Restated ModusLink Global Solutions, Inc. Director
Compensation Plan (the “Plan”), effective on the day
immediately following the day that it is adopted by the Board of
Directors of the Corporation.
2. Eligible
Participants. Any
director of the Corporation who: (i) is not an employee of the
Corporation or any of its subsidiaries or affiliates, or
(ii) unless otherwise determined by the Board of Directors of
the Corporation, is not an affiliate (as such term is defined in
Rule 144(a)(1) promulgated under the Securities Act of 1933),
employee, representative, or designee of an institutional or
corporate investor in the Corporation, is eligible to participate
in the Plan.
3. Quarterly Retainer.
Any eligible participant who is
serving as a director on the last day of any fiscal quarter shall
receive a payment for such quarter, in arrears, of $12,500 (the
“Quarterly Retainer”).
4. Committee Chairperson
Fee. Any eligible
participant who is serving as the chairperson of a committee of the
Board of Directors of the Corporation on the last day of any fiscal
quarter shall receive a payment, in respect thereof, in arrears, of
$1,250, provided, however, that the chairperson of the Audit
Committee of the Board of Directors of the Corporation on the last
day of any fiscal quarter shall receive a payment, in respect
thereof, in arrears, of $2,500 (as applicable, the “Committee
Chairperson Fee”).
5. Presiding Director
Fee. Any eligible
participant who is serving as presiding director of the Corporation
on the last day of any fiscal quarter shall receive a payment, in
respect thereof, in arrears, of $2,500 (the “Presiding
Director Fee”).
6. Board and Committee
Meetin
