Attached files
| file | filename |
|---|---|
| S-1/A - AMENDMENT NO. 4 TO FORM S-1 - MOBITV INC | d217595ds1a.htm |
| EX-3.04 - FORM OF BYLAWS - MOBITV INC | d217595dex304.htm |
| EX-3.02 - FORM OF CERTIFICATE OF INCORPORATION - MOBITV INC | d217595dex302.htm |
| EX-23.01 - CONSENT OF PRICEWATERHOUSECOOPERS LLP - MOBITV INC | d217595dex2301.htm |
| EX-10.18 - LOAN AND SECURITY AGREEMENT, AS AMENDED - MOBITV INC | d217595dex1018.htm |
Exhibit 10.20
Mobitv, Inc.
Director Compensation
(upon effectiveness of initial public offering)
Board Fees
Non-employee members of the Board are eligible to receive the following annual retainer fees for Board service (paid quarterly):
| Board of Directors Member |
$22,500 | |||||
| Audit Committee Chair |
$20,000 | |||||
| Compensation Committee Chair |
$9,000 | |||||
| Nominating and Governance Committee Chair |
$5,000 | |||||
| Audit Committee member (non-Chair) |
$5,000 | |||||
| Compensation Committee member (non-Chair) |
$3,750 | |||||
| Nom. & Gov. Committee member (non-Chair) |
$2,250 | |||||
Eligible directors may elect to receive stock options in lieu of the retainer fee, on an annual basis, based on the Black-Scholes value on date of grant.
Long Term Incentive Equity Awards
Non-employee members of the Board are eligible to receive the following stock option awards for Board service:
| Initial award1 | $ | 150,000 | 3 | |||
| Annual award2 | $ | 100,000 | 3 | |||
|
1vests annually over three years
2Cliff vest one-year from grant date (annual meeting of stockholders)
3Grant date fair value of option award on date of award | ||||||
Reimbursement of Expenses
The Company will reimburse Board members for necessary and reasonable expenses incurred in the course and scope of performing services.