COMPENSATION INFORMATION FOR NON-EMPLOYEE DIRECTORS Exelixis, Inc. 2006 Cash Compensation for Non-Employee Directors
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.3 4 dex103.htm COMPENSATION INFORMATION FOR NON-EMPLOYEE DIRECTORS. Compensation Information for Non-Employee Directors.
EXHIBIT 10.3
COMPENSATION INFORMATION FOR NON-EMPLOYEE DIRECTORS
Exelixis, Inc.
2006 Cash Compensation for Non-Employee Directors
| Board of Directors | Retainer Fee | $ | 20,000 | ||
| Additional Chair Retainer Fee | $ | 10,000 | |||
| Regular Meeting Fee | $ | 2,500 | |||
| Special Meeting Fee* | $ | 500 | |||
| Audit Committee | Retainer Fee | $ | 6,000 | ||
| Additional Chair Retainer Fee | $ | 6,000 | |||
| Meeting Fee** | $ | 1,000 | |||
| Compensation Committee | Retainer Fee | $ | 5,000 | ||
| Additional Chair Retainer Fee | $ | 2,500 | |||
| Meeting Fee** | $ | 1,000 | |||
| Nominating & Corporate Governance Committee | Retainer Fee | $ | 5,000 | ||
| Additional Chair Retainer Fee | $ | 2,500 | |||
| Meeting Fee** | $ | 1,000 | |||
| Research & Development Committee | Retainer Fee | $ | 10,000 | ||
| Additional Chair Retainer Fee | $ | 10,000 | |||
| Meeting Fee** | $ | 5,000 | |||
| * | Meeting at which minutes are generated. |
| ** | In-person meeting or teleconference at which minutes are generated. |
Exelixis, Inc.
2006 Equity Compensation for Non-Employee Directors
| Board of Directors | Initial Option Grant* | Number of Options | 25,000 | |||
| Annual Option Grant | Number of Options | 10,000 |
| * | For new directors only. |
