Summary of Director Compensation Arrangements

Contract Categories: Human Resources - Compensation Agreements
EX-10.25 3 a4q21-ex1025.htm EX-10.25 Document

Independent non-employee directors of Alexandria Real Estate Equities, Inc. (the “Company”) will receive the following compensation in 2022:

An annual retainer fee of $110,000.

The committee chairpersons will receive additional annual fees as follows:
Lead Independent Director$50,000 
Audit Committee Chairperson$35,000 
Compensation Committee Chairperson$35,000 
Nominating & Governance Committee Chairperson$35,000 
Science, Technology, and Agtech Committee Chairperson$35,000 

The committee members, other than the chairpersons, will receive additional annual fees as follows:
Audit Committee Member$20,000 
Compensation Committee Member$20,000 
Nominating & Governance Committee Member$20,000 
Science, Technology, and Agtech Committee Member$20,000 
Pricing Committee Member$6,000 

Reimbursement of out-of-pocket expenses incurred to attend related meetings.

A restricted stock grant of 738 shares of common stock on January 14, 2022, under the Company’s Amended and Restated 1997 Stock Award and Incentive Plan. Such shares vest over a period from January 14, 2023 to January 14, 2025.

The Company’s independent non-employee directors may elect to defer all or any portion of the fees above in accordance with the Company’s deferred compensation plan for its directors.

Directors who are also employees of the Company will not receive any compensation for their services as directors of the Company.