ESCO Technologies Inc. Summary of Non-Employee Directors' Compensation (Effective January 2005)

Summary

This document outlines the compensation plan for non-employee directors of ESCO Technologies Inc., effective January 2005. Non-employee directors receive an annual cash retainer, additional fees for attending board and committee meetings, and an annual grant of ESCO common stock. Committee chairpersons receive extra annual retainers. All cash payments are made in advance each January. The plan specifies compensation amounts for board service, committee participation, and leadership roles within the board.

EX-10.1 5 exhibit101.txt EXHIBIT 10.1 Exhibit 10.1 ESCO Technologies Inc. Summary Of Non-Employee Directors' Compensation (Effective January, 2005) 1. Board of Directors: ------------------- - - - Annual Retainer -- $20,000 - - - Lead Director Additional Annual Retainer -- $15,000 - - - Total annual fees for meetings attended -- $4,800 (four meetings) - - - 1,600 shares of ESCO common stock per annum -- payable quarterly 2. Committees of the Board: - -- ------------------------ - - - Total annual fees for meetings attended of the Audit and Finance ("A&F") Committee, Governance ("NCG") Committee, the Human Resources and Compensation ("HRC") Committee-$4,800 (four meetings) 3. Committee Chairmen -- Annual Retainers: - - - A&F Committee -- $7,000 - - - HRC Committee -- $5,000 - - - NCG Committee -- $5,000 All of the above cash retainers and fees shall be paid in advance in January of each year.