Exelixis, Inc. Non-Employee Director Cash Compensation Policy (as of September 30, 2023)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the cash compensation structure for non-employee directors of Exelixis, Inc. as of September 30, 2023. It specifies annual retainer fees for board and committee service, including additional fees for committee chairs. The policy details the amounts paid for serving on the Board of Directors and various committees, such as Audit, Compensation, Nominating and Corporate Governance, Research & Development, and Risk Committees. The agreement ensures transparency regarding director compensation but does not impose additional obligations or conditions beyond payment terms.

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EX-10.3 4 exel20230930exhibit10310-q.htm EX-10.3 Document

Exhibit 10.3


EXELIXIS, INC.
CASH COMPENSATION INFORMATION FOR NON-EMPLOYEE DIRECTORS

(as of September 30, 2023)



Board of DirectorsRetainer Fee$60,000
Additional Chair Retainer Fee$35,000
Audit CommitteeRetainer Fee$15,000
Additional Chair Retainer Fee$15,000
Compensation CommitteeRetainer Fee$12,000
Additional Chair Retainer Fee$13,000
Nominating and Corporate Governance CommitteeRetainer Fee$12,000
Additional Chair Retainer Fee$13,000
Research & Development CommitteeRetainer Fee$12,000
Additional Chair Retainer Fee$13,000
Risk CommitteeRetainer Fee$5,000
Additional Chair Retainer Fee$10,000