Schedule of Compensation for Non-Employee Directors
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EX-10.1 2 d20702exv10w1.htm SCHEDULE OF COMPENSATION FOR NON-EMPLOYEE DIRECTORS exv10w1
Exhibit 10.1
HELMERICH & PAYNE, INC.
Schedule of Compensation for Non-Employee Directors
(Effective July 1, 2004)
Cash Compensation
Quarterly Retainer | $ | 7,500.00 | ||
Committee Chair Quarterly Retainer | ||||
Audit Committee | $ | 2,500.00 | ||
Human Resources Committee | $ | 1,250.00 | ||
Nominating and Corporate Governance Committee | $ | 1,250.00 | ||
Committee Member Quarterly Retainer | ||||
Audit Committee | $ | 1,250.00 |
Stock Options
Each Director receives an annual option to purchase shares of common stock of the Company which have a value of $30,000 on the date of grant.
