Summary of Compensatory Arrangements for Non-Employee Directors of Barrett Business Services, Inc.
Barrett Business Services, Inc. outlines compensation for its non-employee directors as of March 15, 2012. Non-employee directors receive an annual cash retainer of $36,000, with the Chairman of the Board receiving $54,000, paid monthly. Additional annual cash payments are made to committee chairs: $10,000 for Audit, $5,000 each for Compensation and Investment, and $3,000 for Corporate Governance and Nominating. The Compensation Committee may also grant stock-based awards at its discretion under the company's 2009 Stock Incentive Plan.
Exhibit 10.20
BARRETT BUSINESS SERVICES, INC.
SUMMARY OF COMPENSATION ARRANGEMENTS
FOR NON-EMPLOYEE DIRECTORS
As of March 15, 2012, compensation arrangements for non-employee directors of Barrett Business Services, Inc. (the “Company”), consist of (a) an annual retainer of $36,000 ($54,000 to the Chairman of the Board) payable in cash in monthly installments and (b) annual cash compensation of $10,000, $5,000, $5,000 and $3,000 payable in cash annually to the Audit, Compensation, Investment, and Corporate Governance and Nominating Committee chairs, respectively. The Compensation Committee may also grant awards of stock-based compensation under the Company’s 2009 Stock Incentive Plan to the Company’s directors from time to time in its discretion.
