Summary of Compensation for Board of Directors of Agree Realty Corporation
This document outlines the compensation for non-employee directors of Agree Realty Corporation. Non-employee directors receive an annual cash retainer of $30,000, with an additional $4,000 for the Audit Committee Chair. Directors traveling from outside Bloomfield Hills, Michigan, are reimbursed for travel expenses related to board or committee meetings. Directors who are employees or officers of the company do not receive compensation for board service.
Exhibit – 10.14
SUMMARY OF COMPENSATION FOR
THE BOARD OF DIRECTORS OF
AGREE REALTY CORPORATION
Annual Cash Retainer:
Non-Employee Director: $30,000
Audit Committee Chair: $4,000 (in addition to non-employee retainer)
Other:
Directors traveling from outside the Bloomfield Hills, Michigan area are reimbursed for all out-of-pocket expenses incurred in connection with attending meetings of the Board or any committees thereof.
Directors who are employees or officers of the Company do not receive any compensation for serving on the Board or any committees thereof.
