Company: NTWK
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001641172-25-007993
Chunk: 69

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 69
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     | $                        | 38,937 |     | $                                                   | 492,948 |

Director Compensation

Director Compensation Policy

Mr. Najeeb Ghauri and Ms. Malea Farsai are not paid any fees or other compensation for services as members of our Board of Directors.

The Committee relied on a survey conducted by Compensation Resources, Inc. in setting the compensation for the non-employee members of our Board of Directors. As with named executives, the aim is to compensate the Board of Directors at the mean of peer companies. Any additional cash and/or equity compensation for the fiscal year beginning was designed to maintain this mean.

The non-employee members of our Board of Directors received as compensation for services as directors as well as reimbursement for documented reasonable expenses incurred in connection with attendance at meetings of our Board of Directors and the committees thereof.

Director Compensation Table

The following table sets forth a summary of the compensation earned by our Directors and/or paid to certain of our Directors pursuant to the Company’s compensation policies for the fiscal year ended June 30, 2024, other than Najeeb Ghauri and Malea Farsai who were paid as part of their employment agreements with the Company and not as directors.

| NAME            |     | FEES                       
 EARNED OR PAID IN CASH ($) |         |     | SHARE      
 AWARDS ($) |         |     | TOTAL 
 ($)   |         |
| Mark            
 Caton           |     |                            |  53,000 |     |            |  53,000 |     |       | 106,000 |
| Syed            
 Kausar Kazmi    |     |                            |  53,000 |     |            |  53,000 |     |       | 106,000 |
| Michael Francis |     |                            |  53,000 |     |            |  53,000 |     |       | 106,000 |
|                 |     |                            | 159,000 |     |            | 159,000 |     |       | 318,000 |

Independent members of our Board of Directors are also eligible to receive stock option or stock award grants both upon joining the Board of Directors and on an annual basis in line with recommendations by the Compensation Committee, which grants are non-qualified stock options under our Employee Stock Option Plans. Further, from time to time, the non-employee members of the Board of Directors are eligible to receive stock grants that may be granted if and