Description of Director Compensation
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Human Resources
- Compensation Agreements
EX-10.30 29 d24464exv10w30.txt DESCRIPTION OF DIRECTOR COMPENSATION EXHIBIT 10.30 ALON USA ENERGY, INC. DESCRIPTION OF DIRECTOR COMPENSATION Effective upon consummation of this offering, each non-employee director of Alon USA Energy, Inc. will receive an annual fee of $50,000 and a fee of $1,500 per board meeting attended. The chairperson of our audit committee will receive an additional annual fee of $10,000 and each member of our audit committee will receive a fee of $1,500 per audit committee meeting attended. In addition, each independent director and each other non-employee director who is not affiliated with Alon Israel will receive $25,000 per year in restricted stock which will vest in three equal installments on each of the first, second and third anniversaries of the grant date.
