Cash Compensation Information for Non-Employee Directors

Contract Categories: Human Resources - Compensation Agreements
EX-10.32 5 exel20181231exhibit1032.htm EXHIBIT 10.32 Exhibit
Exhibit 10.32

CASH COMPENSATION INFORMATION FOR NON-EMPLOYEE DIRECTORS
 
Exelixis, Inc.
Cash Compensation for Non-Employee Directors
Board of Directors
Retainer Fee

$50,000

Additional Chair Retainer Fee

$30,000

Meeting Fee12

$2,500

Audit Committee
Retainer Fee

$10,000

Additional Chair Retainer Fee

$15,000

Meeting Fee13

$1,000

Compensation Committee
Retainer Fee

$8,000

Additional Chair Retainer Fee

$12,000

Meeting Fee13

$1,000

Nominating & Corporate Governance Committee
Retainer Fee

$5,000

Additional Chair Retainer Fee

$10,000

Meeting Fee14

$1,000

Research & Development Committee
Retainer Fee

$5,000

Additional Chair Retainer Fee

$10,000

Meeting Fee14

$1,000

1 
Meetings for which minutes are generated count toward the meeting threshold to determine when Meeting Fees are to be paid.
2 
Meeting Fee paid for all meetings in excess of eight meetings.
3 
Meeting Fee paid for all meetings in excess of seven meetings.
4 
Meeting Fee paid for all meetings in excess of four meetings.