Alon USA Energy, Inc. Director Compensation Description

Summary

Alon USA Energy, Inc. outlines compensation for its non-employee directors, effective after the company's public offering. Each non-employee director receives a $50,000 annual fee and $1,500 for each board meeting attended. The audit committee chair receives an extra $10,000 annually, and audit committee members get $1,500 per committee meeting. Independent and other non-employee directors not affiliated with Alon Israel also receive $25,000 per year in restricted stock, vesting over three years.

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.