Compensation Table for Directors
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EX-10.4 5 h29684exv10w4.htm COMPENSATION TABLE FOR DIRECTORS exv10w4
Exhibit 10.4
BAKER HUGHES INCORPORATED
Compensation Table for Directors
Independent Directors 1: | ||||
Annual Cash Retainer | $ | 60,000 | ||
Audit/Ethics Committee Chairman Annual Retainer: | $ | 20,000 | ||
Other Committee Chairman Annual Retainer: | $ | 15,000 | ||
Audit/Ethics Committee Members Retainer: | $ | 10,000 | ||
Other Committee Members Retainer (Excluding Executive Committee): | $ | 5,000 | ||
Annual Non-Retainer Equity: | $ | 150,000 | * |
| * | $100,000 of restricted stock will be awarded in January of each year and | |
| $25,000 of stock options will be awarded in January and July of each year. |
1 Independent directors are reimbursed for reasonable travel and related expenses.
