Gentiva Health Services, Inc. Summary Sheet of Non-Employee DirectorCompensation (Effective May 12, 2011)
EX-10.3 3 dex103.htm SUMMARY SHEET OF COMPANY COMPENSATION TO NON-EMPLOYEE DIRECTORS Summary Sheet of Company compensation to non-employee directors
EXHIBIT 10.3
Gentiva Health Services, Inc.
Summary Sheet of Non-Employee Director Compensation
(Effective May 12, 2011)
1. Annual Cash Retainer : $50,000 | ||||
2. Annual Deferred Stock Unit Award : $120,000 value | ||||
3. Meeting Fees : | ||||
Board | $2,000 ($750 if attendance is by telephone)* | |||
Committee | $2,000 ($750 if attendance is by telephone)* |
4. Committee Chairperson Annual Retainer : | ||||
Audit Committee | $20,000 | |||
Compensation, Corporate Governance and Nominating Committee | $10,000 | |||
Clinical Quality Committee | $10,000 | |||
5. Lead Director Annual Retainer : | $20,000 | |||
6. Reimbursement : All Directors, regardless of whether they are employees of the Company, receive reimbursement for out-of-pocket expenses incurred in connection with attending meetings of the Board of Directors or any of its Committees. |
* | Attendance at business updates conducted by management will be compensated at the telephone meeting fee rate. |