EX-10.34
from 10-K
1 page
Compensation Program for Certain Directors, Effective July 1, 2010 Directors Who Are Not Hbc Employees or Employees of the Gs Entities, the Onex Entities, or Their Respective Affiliates Will Receive: • Cash Compensation of $17,500 Per Quarter; and • an Annual Option to Purchase the Number of Hbi Common Shares That Will Result in an Aggregate Exercise Price of $100,000, Based on the Fair Market Value Per Share of the Underlying Stock at the Date of Grant; • an Opportunity to Make an Irrevocable Election Annually on or Before December 31 to Take Up to $12,500 of Their Quarterly Cash Compensation in Equivalent Shares of Hbi Common Stock; And
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