AMG Annual Director Compensation Schedule for Board and Committee Service
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Summary
This document outlines the annual compensation for members of the Board of Directors of AMG. Directors receive equity awards in the form of restricted stock units and stock options, with base and additional fees for serving as Chairman or on various committees. Compensation includes specific annual amounts for committee membership and chair roles, paid primarily in restricted stock units. The agreement sets clear amounts for each role but does not specify additional terms or conditions.
EX-10.12 13 amg06302020exhibit1012.htm EXHIBIT 10.12 Exhibit
Exhibit 10.12
Annual Director Compensation
Board of Directors: | |||
Annual Equity Awards | |||
Restricted Stock Units | $ | 80,000 | |
Stock Options | $ | 120,000 | |
Base Annual Fee — Restricted Stock Units | $ | 80,000 | |
Chairman of the Board Annual Fee — Restricted Stock Units | $ | 100,000 | |
Committee Fees — Restricted Stock Units | |||
Audit Committee Membership Annual Fee | $ | 20,000 | |
Audit Committee Chair Annual Fee | $ | 35,000 | |
Compensation Committee Membership Annual Fee | $ | 17,000 | |
Compensation Committee Chair Annual Fee | $ | 20,000 | |
Nominating and Governance Committee Membership Annual Fee | $ | 13,000 | |
Nominating and Governance Committee Chair Annual Fee | $ | 15,000 | |
