Cash Compensation Information for Non-Employee Directors

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EX-10.3 4 exel20190331exhibit103.htm EXHIBIT 10.3 Exhibit

Exhibit 10.3

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

$31,000

 
Meeting Fee12

$2,500


Audit Committee
Retainer Fee

$12,000

 
Additional Chair Retainer Fee

$13,000

 
Meeting Fee13

$1,000


Compensation Committee
Retainer Fee

$10,000

 
Additional Chair Retainer Fee

$10,000

 
Meeting Fee13

$1,000


Nominating and 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.