Exhibit 10.28

 

 

Summary of Directors’ Compensation

 

                In the fiscal year ended December 31, 2004, Digirad Corporation
(the “Company”) paid its directors $4,000 for attending in-person board meetings
and $500 for attending board meetings telephonically.  In addition, the Company
paid its directors $1,000 for attending in-person committee meetings and $500
for attending telephonic committee meetings.  Directors were also reimbursed for
reasonable out-of-pocket expenses in connection with attending meetings of the
board of directors and committees of the boards of directors.

 

                Pursuant to the Company’s 2004 Non-Employee Directors’ Stock
Option Program, the Company’s non-employee directors who join the board of
directors automatically receive grants of options to purchase 10,000 shares of
the Company’s common stock, and the Company’s non-employee directors receive
annual grants of 5,000 shares of the Company’s common stock.  The Company’s
directors are also eligible to participate in the Company’s 2004 Stock Incentive
Plan.

 

 

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