Avery Dennison Corporation
EX-10.4 3 dex104.htm SUMMARY OF BOARD COMPENSATION Summary of Board Compensation
Exhibit 10.4
Avery Dennison Corporation
Non-Employee Director Compensation*
Summary
| Board members | |||
| annual retainer | $ | 55,000 | |
| meeting fees | $ | 1,500 | |
| annual stock payment (shares of ADC stock) | 500 | ||
| Chairman retainer | |||
| Audit Committee | $ | 10,000 | |
| Compensation and Executive Personnel Committee | $ | 10,000 | |
| Other Committees | $ | 5,000 | |
| Committee meeting fees | |||
| Chairman | $ | 2,000 | |
| Members | $ | 1,500 | |
| * | effective July 1, 2005 |
