AutoGenomics, Inc. - FORM S-1 - EX-10.6 - NON-EMPLOYEE DIRECTOR COMPENSATION POLICY - October 7, 2014

Attached files

file filename
EX-4.5 - AGREEMENT TO FURNISH DEBT INSTRUMENTS - AutoGenomics, Inc.exhibit45.htm
EX-3.2 - AMENDED AND RESTATED BYLAWS - AutoGenomics, Inc.exhibit32.htm
EX-3.1 - CERTIFICATE OF INCORPORATION - AutoGenomics, Inc.exhibit31.htm
EX-10.8 - REGISTRATION RIGHTS AGREEMENT 2013 - AutoGenomics, Inc.exhibit108.htm
EX-10.1 - INDEMNIFICATION AGREEMENTS - AutoGenomics, Inc.exhibit101.htm
EX-23.1 - INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMS CONSENT - AutoGenomics, Inc.exhibit231.htm
EX-10.5 - 2008 EMPLOYEE STOCK PURCHASE PLAN - AutoGenomics, Inc.exhibit105.htm
EX-10.4 - 2008 EQUITY INCENTIVE AWARD PLAN - AutoGenomics, Inc.exhibit104.htm
EX-10.9 - NON-EXCLUSIVE LICENSE AGREEMENT - AutoGenomics, Inc.exhibit109.htm
EX-10.2 - 2000 EQUITY INCENTIVE PLAN - AutoGenomics, Inc.exhibit102.htm
EX-10.7 - REGISTRATION RIGHTS AGREEMENT 2006 - AutoGenomics, Inc.exhibit107.htm
EX-10.10 - NONEXCLUSIVE PATENT LICENSE - AutoGenomics, Inc.exhibit1010.htm
EX-10.11 - AMENDED AND RESTATED LEASE - AutoGenomics, Inc.exhibit1011.htm
EX-10.20 - EMPLOYMENT AGREEMENT - AutoGenomics, Inc.exhibit1025.htm
EX-10.16 - SECURITY AGREEMENT - AutoGenomics, Inc.exhibit1016.htm
EX-10.18 - PROMMISSORY NOTE 201301-001 - AutoGenomics, Inc.exhibit1018.htm
EX-10.12 - SUBORDINATED PROMISSORY NOTE - AutoGenomics, Inc.exhibit1012.htm
EX-10.13 - WARRANT TO PURCHASE COMMON STOCK CS-07 - AutoGenomics, Inc.exhibit1013.htm
EX-10.15 - SUBORDINATED NOTE 201211-001 - AutoGenomics, Inc.exhibit1015.htm
EX-10.19 - SUBORDINATED NOTE 201304-001 - AutoGenomics, Inc.exhibit1019s-1.htm
EX-10.17 - WARRANT TO PURCHASE COMMON STOCK 201211-050 - AutoGenomics, Inc.exhibit1017.htm
EX-10.14 - WARRANTS TO PURCHASE COMMON STOCK E-01 - AutoGenomics, Inc.exhibit1014.htm
EX-10.3 - FORM OF COMMON STOCK AGREEMENT - AutoGenomics, Inc.exhibit103.htm
S-1 - AUTOGENOMICS REGISTRATION STATEMENT - AutoGenomics, Inc.autogenomicsinitials-1.htm


Exhibit 10.6
Non-Employee
Director Compensation Policy
The general policy of the board of directors of AutoGenomics, Inc. is that compensation for non-employee directors should be a mix of cash and equity-based compensation. Employee directors are not paid for service on the board of directors of AutoGenomics, Inc. Until changed by duly adopted resolution of the board of directors, non-employee directors will receive the following compensation in connection with their service on our board of directors:
 
CASH RETAINERS*
 
Board Membership:
$
35,000

Lead Director:
$
10,000

Audit Committee Chair:
$
10,000

Compensation Committee Chair:
$
7,000

Nom. & Gov. Committee Chair:
$
5,000

Audit Committee Member:
$
7,500

Compensation Committee Member:
$
5,000

Nom. & Gov. Committee Member:
$
3,000

 
 
EQUITY GRANTS**
 
New Director Grant
10,000 RSUs

Annual Grant
5,000 RSUs

 
*
Cash retainers to be paid quarterly, in arrears, on the 5th business day of the quarter subsequent to the period in which the fees are earned. In lieu of receiving cash compensation, directors may elect to receive restricted stock units with an equal value on their date of grant.
**
Full valued securities for initial grant shall be issued on the date of election to the Board of Directors. Annual grant shall be issued on the date of the annual meeting at which the directors are elected. Restricted stock units will vest one year after they were granted, subject to the director’s continuing service on our board of directors on that date.