Fossil, Inc. Non-employee Director Compensation
Exhibit 10.1
Fossil, Inc.
Non-employee Director Compensation
Effective April 1, 2008
1. Board of Directors
| Annual Retainer |
| $ | 40,000 |
|
| In-person meeting fee |
| $ | 1,500 |
|
| Telephone meetings* |
| $ | 1,000 |
|
2. Audit Committee
| Chair annual retainer |
| $ | 20,000 |
|
| Member retainer |
| $ | 2,500 |
|
| In-person meeting fee |
| $ | 1,250 |
|
| Telephone meetings* |
| $ | 1,000 |
|
3. Compensation Committee
| Chair annual retainer |
| $ | 10,000 |
|
| Member retainer |
| $ | 0 |
|
| In-person meeting fee |
| $ | 1,250 |
|
| Telephone meetings* |
| $ | 1,000 |
|
4. Nominating and Corporate Governance Committee
| Chair annual retainer |
| $ | 7,500 |
|
| Member retainer |
| $ | 0 |
|
| In-person meeting fee |
| $ | 1,250 |
|
| Telephone meetings* |
| $ | 1,000 |
|
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
5. Stock Options
1993 Non-employee Director Plan
Grant - - options to purchase 5,000 shares of common stock on the date first becoming a non-employee director and options to purchase 6,000 shares of common stock on each January 1 thereafter
