Cabela's Incorporated Summary of Non-Employee Director Compensation

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Summary

This document outlines the compensation structure for non-employee directors of Cabela's Incorporated. Directors receive an annual retainer of $22,500, with additional fees for attending board and committee meetings, either in person or by phone. Committee chairs for the audit committee receive an extra $10,000 annually. Directors are reimbursed for reasonable expenses related to meetings. Stock options are granted upon joining the board, annually, and upon retirement within one year of the company's IPO, with specific vesting terms.

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EX-10.1 2 exh10-1compsumm.htm EXHIBIT 10.1 SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION Exhibit 10.1 Summary of Non-Employee Director Compensation
Exhibit 10.1
 

CABELA'S INCORPORATED
SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION


Annual Retainer
$  22,500
  
     
Meeting Fees:
    
Participation in person
$   2,500
  
Telephonic participation
$   1,000
  
     
Committee Meeting Fees
    
Participation in person (other than the day of board meeting)
$   1,500
  
Telephonic participation (other than the day of board meeting)
$     500
  
In person or telephonic participation on day of board meeting
$        0
  
     
Committee Chair Retainer
    
Audit committee
$  10,000
  
Other committees
$         0
  
     

Expense Reimbursement
Reasonable expenses incurred to attend board and committee meetings
   
Stock Options (granted at fair market value on date of grant)
  
Upon election/appointment to board
2,000 (1 year vesting)
Annually thereafter
2,000 (1 year vesting)
Upon retirement within one year of IPO
2,000 (immediately vested)
(if a director at the time of IPO)