AAPL Executive Salary: Board of Directors, 2006

Apple Inc. Executive Salary: Board of Directors

Pay of each non-employee director from the Director Compensation table in each year's proxy statement, as filed.

Fiscal year	Director	Cash fees
2006	All non-employee directors The current practice of the Board is to base a substantial portion of a director’s annual retainer on equity.
2006	All non-employee directors Pursuant to the Director Plan, the Company’s non-employee directors are granted an option to acquire 30,000 shares of Common Stock upon their initial election to the Board (“Initial Options”).
2006	All non-employee directors The Initial Options vest and become exercisable in three equal annual installments on each of the first through third anniversaries of the grant date.
2006	All non-employee directors On the fourth anniversary of a non-employee director’s initial election to the Board and on each subsequent anniversary thereafter, the director will be entitled to receive an option to acquire 10,000 shares of Common Stock (“Annual Options”).
2006	All non-employee directors Annual Options are fully vested and immediately exercisable on their date of grant.
2006	All non-employee directors Non-employee directors also receive a $50,000 annual retainer paid in quarterly increments.	$50.00K
2006	All non-employee directors In addition, directors receive up to two free computer systems per year and are eligible to purchase additional equipment at a discount.
2006	All non-employee directors Directors do not receive any additional consideration for serving on committees or as a committee chairperson.