Biogen Inc. Non-Employee Director Compensation Summary Effective January 1, 2020

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the annual compensation structure for non-employee directors of Biogen Inc. as of January 1, 2020. Non-employee directors receive a base annual retainer of $125,000, with additional annual retainers for specific roles such as Independent Chairman of the Board ($75,000), committee chairs ($30,000 each), and committee members ($15,000 each). The agreement specifies the payment amounts for these roles but does not include other terms or conditions.

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EX-10.1 2 biib-2019930xex101.htm EXHIBIT 10.1 Exhibit


Exhibit 10.1
Non-Employee Director Compensation
The following is a summary of the retainers payable to non-employee directors effective January 1, 2020:
Retainers
 
Annual Board Retainer
$125,000
Annual Retainers (in addition to Annual Board Retainer):
 
Independent Chairman of the Board
$75,000
Audit Committee Chair
$30,000
Compensation and Management Development Committee Chair
$30,000
Corporate Governance Committee Chair
$30,000
Audit Committee Member (other than Chair)
$15,000
Compensation and Management Development Committee Member (other than Chair)
$15,000
Corporate Governance Committee Member (other than Chair)
$15,000