CHC GROUP LTD. COMPENSATION TERMS FOR INDEPENDENT NON-EMPLOYEE DIRECTORS Effective as of May 5, 2016 Terms of CompensationAnnual AmountsAnnual Cash Retainer$125,000, payable quarterly in arrearsNon-Executive Chairman Annual Cash Retainer$150,000Annual Committee Chairman FeesAudit: $20,000 Compensation: $15,000 Nominating & Governance: $10,000 Health & Safety: $10,000Annual Committee Membership FeesAudit: $10,000 Compensation: $7,500 Nominating & Governance: $5,000 Health & Safety: $5,000Share Ownership Guideline5x annual cash retainer within 5 years of becoming a director (e.g., current ownership value is $450,000)
EX-10.28 2 exhibit1028chcgroupltd2016.htm EXHIBIT 10.28 Exhibit
Exhibit 10.28
CHC GROUP LTD.
COMPENSATION TERMS FOR INDEPENDENT NON-EMPLOYEE DIRECTORS
Effective as of May 5, 2016
Terms of Compensation | Annual Amounts |
Annual Cash Retainer | $125,000, payable quarterly in arrears |
Non-Executive Chairman Annual Cash Retainer | $150,000 |
Annual Committee Chairman Fees | Audit: $20,000 Compensation: $15,000 Nominating & Governance: $10,000 Health & Safety: $10,000 |
Annual Committee Membership Fees | Audit: $10,000 Compensation: $7,500 Nominating & Governance: $5,000 Health & Safety: $5,000 |
Share Ownership Guideline | 5x annual cash retainer within 5 years of becoming a director (e.g., current ownership value is $450,000) |
