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As a general rule of thumb, each board member should be compensated with 10% of what the CEO of the company is receiving. So, for example, if the CEO is receiving D dollars and S shares (or options) as compensation, then each board member should receive .1D dollars and .1S shares (or options) as compensation.
Related Questions:
How many options will my employees be granted?
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What is the difference between an Incentive Stock Option (ISO) and a Nonstatutory Stock Option (NSO)?
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