Exhibit 10.21
HURON CONSULTING GROUP INC.
DIRECTORS’ COMPENSATION FOR 2006 AND 2007
SUMMARY SHEET
| ANNUAL BOARD RETAINER1 |
$ | 40,000 | |
| (Paid in 4 equal installments) |
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| ANNUAL COMMITTEE CHAIRMANSHIP RETAINER1 |
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| (Paid in 4 equal installments) |
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| Audit Committee |
$ | 10,000 | |
| Compensation Committee |
$ | 7,500 | |
| Nominating and Corporate Governance Committee |
$ | 7,500 | |
| BOARD MEETING FEE |
$ | 1,000 | |
| COMMITTEE MEETING FEE |
$ | 1,000 | |
| EQUITY RETAINER |
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| Grant of Restricted Common Stock Upon Appointment |
15,000 Shares | |
| Annual Grant of Restricted Common Stock – 20062 |
5,700 Shares | |
| Annual Grant of Restricted Common Stock – 20073 |
$150,000 | |
| 1 |
Annual retainers are prorated to reflect the portion of the year that the director serves on the board. |
| 2 |
On the date of the 2006 annual meeting of stockholders, each independent director was granted 5,700 shares of restricted common stock, which are scheduled to vest over the following twelve quarters. |
| 3 |
Beginning with the 2007 annual meeting of stockholders, each independent director will be granted shares of restricted common stock with an aggregate fair value of $150,000. Such shares will vest over the following twelve quarters. |