Ubisoft 2009 Annual Report Download - page 78

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 74
Table 3 TABLE OF DIRECTORS’ FEES AND OTHER COMPENSATION PAID TO NON-EXECUTIVE
CORPORATE DIRECTORS
Name of director
03.31.09 03.31.10
Ubisoft directors’ fees Other
compensation
Ubisoft directors’ fees Other
compensation
Fixed portion
(1)
Variable portion
(2)
Fixed portion
(1)
Variable
portion (2)
Marc Fiorentino 15,000 15,000 - 15,000 15,000 -
TOTAL 15,000 15,000 - 15,000 15,000 -
(1) Half of the fixed portion of directors' fees is paid in January (for the period January to June) and the other half in July (for the
period July to December).
(2) The variable portion is paid in July and is contingent on Board members attending meetings held between July 1 and June 30
of the previous year.
Pursuant to Article L 225-43 of the French Commercial Code, no loans or advances were made to the
Company’s directors.
1.4.5.1 Share purchase and subscription option plans
At its meeting of May 12, 2009, the Board of Directors exercised the authorization from the General
Shareholders' Meeting of September 22, 2008, allocating share subscription options to corporate
officers in the proportions shown below.
Pursuant to the provisions of French Act No. 2006-1770 of December 30, 2006, the Board of Directors
set at 5 % the amount of shares that must be kept as registered by corporate officer beneficiaries until
such time as they have given up their positions.
The stock options thereby granted are exercisable by tranches of 25 % over four years from May 12,
2010.