Non-employee Director Compensation

Contract Categories: Human Resources - Compensation Agreements
EX-10.21 2 exhibit10_21.htm EXHIBIT 10.21 exhibit10_21.htm

 
 
 

Exhibit 10.21
 
Non-employee Director Compensation
 

 
 
Annual Retainer:
 
· $125,000 ($220,000 for the chairman of the board), paid in the form of deferred stock units; and
 
· $80,000 ($140,000 for the chairman of the board), paid in cash, deferred or paid in the form of deferred stock units, at the option of the director
 
 
Attendance fees — Board meetings:
 
$2,000 in cash, per meeting, beginning with the 8th meeting of the fiscal year
 
Attendance fees — Committee meetings:
 
$1,500 in cash, per meeting, beginning with the 8th meeting of the fiscal year
 
Chairperson fees:
 
· $15,000 in cash, for audit committee
 
· $10,000 in cash, for compensation committee and nominating/corporate governance committee