CONSOL Energy Inc. Summary of Non-Employee Director Compensation
This document outlines the compensation structure for non-employee directors of CONSOL Energy Inc. Directors receive annual cash retainers for board and committee service, with additional amounts for the lead independent director and committee chairs. They also receive an annual equity award in restricted stock units. Directors are required to hold company stock equal to three times the annual board retainer within five years of board service. The agreement specifies the dollar amounts for each compensation element and the stock ownership guidelines.
Exhibit 10.60
Non-Employee Director Compensation
| Element of Compensation | Dollar Value | |||||
| Annual Board Retainer: | $ | 95,000 | ||||
| Annual Lead Independent Director Retainer: | $ | 25,000 | ||||
| Annual Committee Chair Retainer (other than Audit Committee): | $ | 10,000 | ||||
| Annual Audit Committee Chair Retainer: | $ | 17,500 | ||||
| Annual Audit Committee Member Retainer (other than Audit Committee Chair): | $ | 7,500 | ||||
| Annual Equity Award: | $ | 130,000 | (in restricted stock units) | |||
Stock Ownership Guidelines: Each director must hold three (3) times the “Annual Board Retainer” in CONSOL Energy Inc.’s common stock (including any securities convertible or exercisable into its common stock (excluding stock options)) after five (5) years of service on the Board.
