Donnelley Financial Solutions, Inc. Non-Employee Director Compensation Plan (Effective December 16, 2021)
This agreement outlines the compensation plan for non-employee directors of Donnelley Financial Solutions, Inc. Each director receives an annual cash retainer and an annual equity retainer in the form of restricted stock units (RSUs), with additional compensation for leadership roles and committee service. RSUs vest after one year or earlier if the director leaves or if there is a change in control. Directors may defer payment of RSUs, and dividend equivalents are credited with interest. The plan also covers pro-rated compensation for directors joining mid-year and requires compliance with stock ownership guidelines.
Exhibit 10.6
Donnelley Financial Solutions, Inc.
Non-Employee Director Compensation Plan
Effective as of December 16, 2021
Each director shall receive (A) an annual cash retainer (a “Cash Retainer”) and (B) an annual equity retainer (an “Equity Retainer”) to be paid in the form of a grant of Restricted Stock Units (“RSUs”) each on the date of the Company’s Annual Meeting of Stockholders, as described further below and pursuant to the Company’s Performance Incentive Plan in effect on such date (the “Plan”).
Chairman of the Board | $50,000 |
Chairman of the Audit Committee | $25,000 |
Chairman of the Compensation Committee | $25,000 |
Chairman of the Corporate Responsibility & Governance Committee | $20,000 |