Summary of Non-Employee Directors' Compensation for Coinmach Service Corp.
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Summary
This document outlines the compensation structure for non-employee directors of Coinmach Service Corp. Non-employee directors receive an annual retainer of $35,000. Additional annual retainers are provided for serving as chair or member of the Audit or Compensation Committees, with chairs receiving higher amounts. Directors are also paid $2,000 for each Board or Committee meeting they attend. The agreement specifies the payment amounts and roles eligible for compensation.
EX-10.1 2 form8k_exh10-1jb033005.txt SUMMARY OF NON-EMPLOYEE DIRECTORS' COMPENSATION EXHIBIT 10.1 Coinmach Service Corp.'s Summary of Non-Employee Directors' Compensation Annual Board of Director Retainer: $35,000 Annual Committee Chair Retainer (in lieu of the Annual Committee Member Retainer): Audit Committee - $10,000 Compensation Committee - $5,000 Annual Committee Member Retainer: Audit Committee - $5,000 Compensation Committee - $5,000 Meeting Attendance Fees: Directors will be paid $2,000 for each Board and Committee meeting attended
