Remuneration of the Supervisory Board
The joint effort on the part of the members of the Supervisory Board
is also what governs their compensation. The Company therefore
intentionally foregoes the option contained in Item 5.4.6 Paragraph 1 and 2 of the Code relating to success-based compensation and to special
compensation for members on Supervisory Board committees.
In the 2010 fiscal year, the members of the Supervisory Board received aggregate compensation in the amount of € 160,000.Pursuant to the Articles of Association and Bylaws, both the Chairman of the Supervisory Board,Herbert Brenke, as well as his Vice Chairman, John C. Baker, each received € 30,000 and the other members € 25,000 each, as all of them had attended at least 75 percent of the meetings.
The table below presents individualized information relating to the compensation paid to and the number of shares and stock options held by members of the Supervisory Board.
| Shares and convertible bonds of the members of the Supervisory Board |
|||||
|---|---|---|---|---|---|
| Shares | Convertible bonds | ||||
| Compensation (in €) |
Dec. 31, 2010 | Dec. 31, 2009 | Dec. 31, 2010 | Dec. 31, 2009 | |
| Herbert Brenke | 30,000.00 | 187,820 | 187,820 | - | - |
| John C. Baker | 30,000.00 | 10,000 | 10,000 | - | - |
| Gerd Eickers | 25,000.00 | 13,877,484 | 13,877,484 | - | - |
| David Ruberg | 25,000.00 | 14,563 | 14,563 | - | - |
| Klaus-Theo Ernst | 25,000 | 500 | 500 | - | 3,258 |
| Jörg Mügge | 25,000 | 4,000 | - | 6,000 | 6,000 |
