COPANO ENERGY, L.L.C.

EX-10.1 2 h51716exv10w1.htm INDEPENDENT DIRECTOR COMPENSATION exv10w1
 

Exhibit 10.1
COPANO ENERGY, L.L.C.
INDEPENDENT DIRECTOR COMPENSATION
                         
    ANNUAL   ANNUAL    
    RETAINER   RETAINER   MEETING
CASH COMPENSATION   (CHAIRMAN)   (MEMBER)   FEES
 
                        
BOARD OF DIRECTORS
   NONE   $ 30,000     NONE
 
                        
AUDIT COMMITTEE
   $ 8,000     $ 4,000     $ 1,500  
 
                        
COMPENSATION COMMITTEE
   $ 4,000     NONE   $ 1,000  
 
                        
CONFLICTS COMMITTEE
   $ 4,000     NONE   $ 1,000  
 
                        
NOMINATING AND GOVERNANCE COMMITTEE
   $ 4,000     NONE   $ 1,000  
EQUITY COMPENSATION:
•   Initial grant of 6,000 Restricted Units
 
•   Grant of 3,000 Restricted Units in November of each year
 
•   Units vest in equal one-third increments over three years