Atari 2011 Annual Report Download - page 26

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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
26
Each year, the Board of Directors approves the director’s fees calculation method, based on flat fees and variable fees
depending on attendance at each Board and Committees. Director’s fees per Director are capped to €75,000 per year
per director. Starting in Fiscal Year 2011/2012, there will be no flat fees and directors fees will only be calculated based
on attendance at Board and Committees meeting, with a cap of €75,000 per director per year.
In Fiscal Year 2010/2011, the Company paid €327,333 to its Directors for 2009/2010 Board attendance (compared with
€255,800 paid in Fiscal Year 2009/2010 for Fiscal Year 2008/2009).
Directors' fees received by non-executive corporate officers (€ thousands)
Non-executive corporate officer Amount paid during Fiscal
Year 2009/2010* Amount paid during Fiscal
Year 2010/2011**
Frank Dangeard, Chairman - 74.0
Dominique D'Hinnin, independant Director (resigned in March 2011) 75.0 75.0
Didier Lamouche, independent director (resigned in June 2011) 35.0 57.0
Pascal Cagni, independent director (resigned in October 2010) 37.5 44.0
BlueBay Value Recovery (Master) Fund Limited, represented by Eugene Davis
since Dec. 10,
2009 (previously Director fril Jan. 23, 2009 and Mar. 15, 2009) 8.3 11.0
Jim Wilson Directorsince October 25, 2010, CEO since Dec. 23, 2010 - -
Gina Germano, director until May 2010 - -
BlueBay Value Recovery (Master) Fund Limited, represented by Jeff Lapin until Dec. 10,
2010 (non-executive until May 25, 2009, COO from May 25, 2009 to Dec. 10, 2009 and CEO from
Dec. 10, 2009 to Dec. 23, 2010) 50.0 9.3
Phil Harrison (COO and Director from Mar. 2, 2008 until May 25, 2009, Director only from May 25,
2009 until Ap. 16, 2010) - 36.0
David Gardner (CEO and Director from Jan. 30, 2008 to Dec. 10, 2009, Director only from Dec. 10,
2009 until Ap. 16, 2010) - 8.0
Directors' fees
Michel Combes (resigned in Oct. 1, 2009) 50.0 13.0
TOTAL 255.8 327.3
** 2009/2010 Directors fees paid in Fiscal Year 2010/2011, 2010/2011 directors fees were paid in 2011/2012 - Numbers presented are gross amounts
* 2008/2009 Directors fees paid in Fiscal Year 2009/2010, 2009/2010 directors fees were paid in 2009/2010 - Numbers presented are gross amounts
*** Other compensation were received as part of the executive functions and then are disclosed in tables 1 and 2 of the AMF compensation hereafter
COMPENSATION EFFECTIVELY PAID TO OFFICERS AND DIRECTORS IN FISCAL YEAR 2010/2011
(Disclosure pursuant to Article L. 225-102-1 of the French Commercial Code)
For the Fiscal Year ended March 31, 2011, the Group’s corporate officers and directors received aggregate
compensation from all Group entities of €2.3 million (gross, including valuation of stock options), i.e. fixed compensation
for €1.1 million, variable compensation for €0.3 million, special compensation for €0.6 million, director fees for €0.3
million, no stock options have been granted over the period, when compared to €5.7 million in Fiscal Year 2009/2010
(i.e. fixed compensation for €1.4 million, variable compensation for €0.2 million, special compensation for €0.6 million,
director fees for €0.2 million and stock options granted over the period are evaluated at €3.3 million).
The tables below show the gross compensation, before tax, effectively paid to corporate officers in Fiscal Years
2010/2011 and 2009/2010, as required by Article L. 225-102-1 of the French Commercial Code.