EX 10.2 Schedule of Directors Payments

EX-10.2 3 ex10_2.htm EX 10.2 SCHEDULE OF DIRECTORS PAYMENTS EX 10.2 Schedule of Directors Payments

EXHIBIT 10.2

Nestor, Inc.

2006 Annual Meeting of the Board of Directors

Board Cash Compensation Schedule

For Board Meetings

$1,000 per meeting attended in person

$500 per telephonic meeting

For Audit Committee Meetings

Chair: $1,500 per meeting

Members: $500 per meeting

(No distinction between in-person and telephonic meetings)

For Other Committee Meetings

Chair: $750 per meeting

Members: $250 per meeting

(No distinction between in-person and telephonic meetings)