Attached files
| file | filename |
|---|---|
| 10-K - SEVCON, INC 10-K 9-30-2016 - SEVCON, INC. | form10k.htm |
| EX-32.1 - EXHIBIT 32.1 - SEVCON, INC. | ex32_1.htm |
| EX-31.2 - EXHIBIT 31.2 - SEVCON, INC. | ex31_2.htm |
| EX-31.1 - EXHIBITS 31.1 - SEVCON, INC. | ex31_1.htm |
| EX-23 - EXHIBIT 23 - SEVCON, INC. | ex23.htm |
| EX-21 - EXHIBIT 21 - SEVCON, INC. | ex21.htm |
EXHIBIT 10(I)
SUMMARY OF DIRECTOR AND EXECUTIVE OFFICER NON-PLAN COMPENSATION
Non-Employee Directors
The current fees paid to non-employee directors are as follows:
Non-employee directors are each paid a retainer of $60,000, 50% in cash and 50% in the form of restricted stock. The Chairman of the Board of Directors receives an additional $20,000 per year, and the Chairmen of the principal committees receive the following additional amounts for their duties as such; Audit, $10,000, Compensation, $5,000, Nominating and Governance, $5,000. Members of the Audit Committee each receive an additional $2,000 for their duties as such, and the members of the Compensation and Nominating and Governance Committees each receive $1,500.
Executive Officers
The current annual salaries of the executive officers are as follows:
Matthew Boyle, President and Chief Executive Officer
-- British pounds 213,700
Paul N. Farquhar, Vice President, Treasurer and Chief Financial Officer
-- British pounds 131,200
Annual cash bonuses and any equity awards will be determined at the end of the year.
* * * * *
Further information about compensation of directors and executive officers is found in the Company’s proxy statements on file with the Commission, as well as in periodic Form 8-K filings by the Company.