Company: IPAR
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001753926-25-000424
Chunk: 183

Company: INTERPARFUMS INC
Filing Date: 2025-03-11
Form: 10-K
Item: Item 11
Chunk 183
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 ratio reported by other companies may not be comparable to the pay ratio reported above, as other companies may have different employment and compensation practices and may utilize different methodologies, exclusions, estimates and assumptions in calculating their own pay ratios.

67

Employment and Service/Consulting Agreements

Please see our Annual Report on Form 10-K for the year ended December 31, 2021, Item 11 under the heading “Employment and Consulting Agreements” for the material terms of the employment agreement with Philippe Benacin, individually, and the consulting agreement and fees previously granted to, Philippe Benacin Holding SAS, which is incorporated by reference herein.

Compensation of Directors

The following table sets forth certain information relating to the compensation for each of our directors who is not an executive officer of our Company named in the Summary Compensation Table for the past fiscal year.

DIRECTOR COMPENSATION

Name

Fees Earned or Paid in Cash
($)

StockAwards($)

OptionAwards($)

Non-Equity Incentive Plan Compensation($)

Change inPension Valueand Nonqualified Deferred Compensation Earnings

All Other Compensation($)1

Total($)

François Heilbronn

26,000

-0-

49,969

-0-

-0-

69,220

145,189

Robert Bensoussan

26,000

-0-

49,969

-0-

-0-

68,775

144,744

Veronique Gabai-Pinsky

26,000

-0-

49,969

-0-

-0-

85,065

161,034

Gilbert Harrison

15,000

-0-

49,969

-0-

-0-

68,048

127,017

Kappauf

18,000

-0-

49,969

-0-

-0-

-0-

67,969

[Footnotes from table above]

1.
Represents gain from exercise of stock options.

All nonemployee directors receive $6,000 for each board meeting at which they participate in person, and $3,000 for each meeting held by conference telephone. In addition, the annual fee for each member of the Audit Committee is $8,000. 

We maintain a stock option plan for our nonemployee or independent directors. The purpose of this plan is to assist us in attracting and retaining key directors who are responsible for continuing the growth and success of our company. Under such plan, options to purchase 1