Ullet $40,000 Annual Board Retainer

Exhibit 10.47


Summary of Director Compensation


Set forth below is a summary of the compensation paid by MEMC Electronic Materials, Inc. (the " Company" ) to its directors.


Fees. Outside directors receive the following fees for their services on the Board of Directors and its Committees:

ullet $40,000 annual Board retainer

ullet $10,000 additional retainer for Chairman of the Board

ullet $10,000 additional retainer for Chairman of the Audit Committee and $5,000 additional retainer for each member of the Audit Committee ullet $5,000 additional retainer for Chairm ...