SUMMARY OF DIRECTOR COMPENSATION
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Human Resources
- Compensation Agreements
EX-10.8 2 d248572dex108.htm EX-10.8 EX-10.8
Exhibit 10.8
SUMMARY OF DIRECTOR COMPENSATION
The following sets forth the compensation payable to Alere Inc.’s non-employee directors as of December 31, 2016:
1. Base Cash Compensation
| • | Each non-employee director will receive Base Cash Compensation of $80,000 annually. Payments are made quarterly in arrears. |
2. Additional Cash Compensation
| • | Each non-employee director will also receive the following annual Additional Cash Compensation based upon his or her service on committees of the Board: |
| Chair (annual Additional Committee Cash Compensation) | ||||
| -Audit | $ | 25,000 | ||
| -Compensation | $ | 20,000 | ||
| -Nominating/Governance | $ | 20,000 | ||
| Member (annual Additional Committee Cash Compensation) | ||||
| -Audit | $ | 15,000 | ||
| -Compensation | $ | 10,000 | ||
| -Nominating/Governance | $ | 10,000 | ||
3. Equity Award
| • | Each director will receive a restricted stock unit (RSU) award that vests one year from the date of grant. The fair value of the RSU award, on the date of grant, is $200,000. |
