Attached files
file | filename |
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10-Q - INTERLEUKIN GENETICS INC | v193469_10q.htm |
EX-31.1 - INTERLEUKIN GENETICS INC | v193469_ex31-1.htm |
EX-10.2 - INTERLEUKIN GENETICS INC | v193469_ex10-2.htm |
EX-32.1 - INTERLEUKIN GENETICS INC | v193469_ex32-1.htm |
EX-31.2 - INTERLEUKIN GENETICS INC | v193469_ex31-2.htm |
Exhibit
10.1
INTERLEUKIN
GENETICS, INC.
DIRECTOR
COMPENSATION POLICY
(effective
April 29, 2010)
Each
non-employee director of Interleukin Genetics, Inc. (the “Company”) who is also
not a Series A director is entitled to receive compensation for his service as a
director in accordance with the following policy:
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for
service as a director, an annual retainer of
$20,000;
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·
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for
service as the chair of a committee, an annual retainer of
$7,500;
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·
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for
service as a non-chair member of a committee, an annual retainer of
$5,000;
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·
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for
each Board or committee meeting attended in person, by teleconference or
by video, $1,500; and
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·
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upon
initial election or appointment to the Board, a grant of an option to
purchase 15,000 shares of the Company’s common stock at an exercise price
equal to the closing price of the common stock on the date of grant, with
such option to vest in four equal annual installments on each of the first
four anniversaries of the grant
date.
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