Non-Employee Director Compensation Structure
EX-10.1 2 d32566exv10w1.htm NON-EMPLOYEE DIRECTOR COMPENSATION STRUCTURE exv10w1
EXHIBIT 10.1
NON-EMPLOYEE DIRECTOR COMPENSATION STRUCTURE
On January 26, 2006, Advanced Energy Industries, Inc. adopted the following compensation structure for its non-employee directors:
| • | $20,000 annual retainer paid quarterly in July, October, February and April; | ||
| • | An additional $50,000 annual retainer for the Chair of the Board, paid quarterly in July, October, February and April; | ||
| • | An additional $30,000 annual retainer for the Lead Director paid quarterly in July, October, February and April; | ||
| • | $3,000 per day for each full board meeting, whether such meeting is held in person or telephonically | ||
| • | $4,000 per Audit and Finance Committee meeting for the Chair and $1,750 per meeting for each other committee member, whether such meeting is held in person or telephonically | ||
| • | $2,000 per Compensation Committee meeting or Corporate Governance & Nominations Committee meeting for such Committee’s Chair and $750 for each other Committee member, whether such meeting is held in person or telephonically | ||
| • | 5,000 restricted stock units on initial election or appointment to the Board | ||
| • | 2,000 restricted stock units annually on the date of re-election at the annual meeting |
