Re: AGM on August 12th in Storrs, Connecticut
in response to
by
posted on
Apr 04, 2014 09:10AM
I am impressed
Deferral of board fees increase and options
In addition with the above options grant, and in accordance with its corporate governance and compensation charters, the board considered the compensation framework of its members. Despite various indicators -- an increase in director workload due to regulatory requirements and industry increases in directors' fees as documented by the National Association of Corporate Directors of between 4 per cent and 13 per cent -- the board has again deferred an increase in directors' fees and deferred options grants for the board.