Beckman Coulter, Inc. Compensation Amendment Agreement with Betty Woods (Non-Executive Chairman)
Beckman Coulter, Inc. appointed Board Member Betty Woods as non-executive chairman, effective April 7, 2005, following the retirement of John P. Wareham. The Board amended Ms. Woods' compensation schedule on April 4, 2005, increasing her cash compensation by $105,500. This agreement outlines the terms of her new role and the associated compensation adjustment.
Exhibit 10.1
Summary of Ms. Woods Compensation Agreement
On February 8, 2005, the Board of Directors of Beckman Coulter, Inc. announced that Board Member Betty Woods was elected non-executive chairman. Ms. Woods, an 11-year veteran of the Beckman Coulter Board succeeded retiring Executive Chairman John P. Wareham. The appointment was effective April 7, 2005 at the annual stockholders meeting. On April 4, 2005, the Board of Directors amended Ms. Woods compensation schedule by increasing her cash compensation by $105,500.