2006 - Interparfums

Directors’ fees
Directors fees are allocated to the Board of Directors
by the shareholders' meeting for fiscal 2006 for a set amount
per meeting attended of €2,000. The fifth resolution of the
ordinary shareholders' meeting of April 28, 2006 set the total
amount for directors’ fees at €30,000.
On this basis, for fiscal 2006 a total of €30,000 was paid
to four outside directors for their attendance at meetings.
The other directors expressly waived their rights to receive
directors' fees.
Directors Directors’ fees
M. Philippe Benacin (Chairman) NA
M. Philippe Santi- (Exec. V.P.) NA
M. Maurice Alhadève €8,000
Mme Marianne Benacin NA
Mme Catherine Bénard-Lotz NA
M. Patrick Choël €8,000
M. Michel Dyens €6,000
M. Jean Levy €8,000
M. Raoul Madar NA
M. Jean Madar
NA : not applicable
NA
Stock options and other compensation
Stock-options
Rules for the grant of stock options to officers are based
on the level of responsibilities and the performance of the
company's share. The quantity of stock options granted
to officers may vary from one year to another according
to the performance of the company over this period.
Benefits in-kind
Philippe Benacin received benefits in-kind for the costs
of a company car and housing benefits representing a total
amount of €65,440.
Executive retirement plans
Executive officers benefit from a supplemental retirement plan
in the form of a defined contribution annuity fund. The benefits
of this plan were subsequently extended to senior executives
of the company. This contribution which is paid to a private
defined contribution pension fund is paid in part by the
beneficiaries and in part by the employee for an amount
equal four times French Social Security ceiling. The annual
contribution per beneficiary is approximately €7,500.
The supplemental retirement plan is part of the overall
compensation policy adopted by the company for senior
executives and managers.
Other types of benefits
No executives benefit from forms of remuneration,
indemnities or benefits owed or which could be owed
resulting from the assumption, termination or change of
functions of corporate officer of the company or subsequent
to these events.
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