Fisher Communications, Inc. Summary of Nonemployee Director Fees

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the compensation structure for nonemployee directors of Fisher Communications, Inc. Nonemployee directors receive annual retainers, additional fees for serving as committee chairs, and per-meeting attendance fees. Part of their compensation is paid in fully vested company stock under the Equity Grant Program. The Chairman receives a higher annual retainer than other directors, and committee chairs receive extra annual payments. The agreement ensures directors are compensated for their service and participation in board and committee meetings.

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EX-10.2 4 v42769exv10w2.htm EXHIBIT 10.2 exv10w2
Exhibit 10.2
FISHER COMMUNICATIONS, INC.
SUMMARY OF NONEMPLOYEE DIRECTOR FEES
Nonemployee directors receive the following compensation:
         
    Amount ($)
Annual Board Retainer
        
 
        
Chairman
     65,000  
 
        
All other directors
     24,000  
 
        
Additional Annual Committee Chair Retainers
        
 
        
Audit Committee
     7,500  
 
        
Compensation Committee
     7,500  
 
        
Board Meeting Fee (per meeting attended)
     1,000  
 
        
Committee Meeting Fee (per meeting attended)
     1,000  
Pursuant to the terms of the Equity Grant Program for Nonemployee Directors under the Fisher Communications, Inc. Amended and Restated 2008 Equity Incentive Plan, nonemployee directors receive a portion of their fees in the form of fully vested stock.