Fossil, Inc. Non-Employee Director Cash Compensation Policy (Effective April 1, 2009)
This document outlines the cash compensation structure for non-employee directors of Fossil, Inc., effective April 1, 2009. It specifies annual retainers and meeting fees for board members and committee chairs, including the Audit, Compensation, Nominating and Corporate Governance, and Finance Committees. Directors receive set payments for attending in-person and telephone meetings, with additional compensation for committee chairs. Payment is provided for each committee meeting attended, even if multiple meetings occur on the same day.
Exhibit 10.1
Fossil, Inc.
Non-employee Director Cash Compensation
Effective April 1, 2009
1. Board of Directors
| Annual Retainer |
| $ | 37,200 |
|
|
|
|
|
| |
| In-person meeting fee |
| $ | 1,395 |
|
|
|
|
|
| |
| Telephone meetings* |
| $ | 930 |
|
2. Audit Committee
| Chair annual retainer |
| $ | 18,600 |
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|
|
|
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| |
| Member retainer |
| $ | 2,325 |
|
|
|
|
|
| |
| In-person meeting fee |
| $ | 1,162 |
|
|
|
|
|
| |
| Telephone meetings* |
| $ | 930 |
|
3. Compensation Committee
| Chair annual retainer |
| $ | 9,300 |
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|
|
|
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| |
| Member retainer |
| $ | 0 |
|
|
|
|
|
| |
| In-person meeting fee |
| $ | 1,162 |
|
|
|
|
|
| |
| Telephone meetings* |
| $ | 930 |
|
4. Nominating and Corporate Governance Committee
| Chair annual retainer |
| $ | 6,975 |
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|
|
|
|
| |
| Member retainer |
| $ | 0 |
|
|
|
|
|
| |
| In-person meeting fee |
| $ | 1,162 |
|
|
|
|
|
| |
| Telephone meetings* |
| $ | 930 |
|
5. Finance Committee
| Chair annual retainer |
| $ | 6,975 |
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|
|
|
|
| |
| Member retainer |
| $ | 0 |
|
|
|
|
|
| |
| In-person meeting fee |
| $ | 1,162 |
|
|
|
|
|
| |
| Telephone meetings* |
| $ | 930 |
|
Payment shall be made for each committee meeting attended even if attending more than one committee meeting on the same day.
* in excess of one hour
