Non-employee director compensation

Contract Categories: Human Resources - Compensation Agreements
EX-10.1 2 exhibit10133123.htm EX-10.1 Document

Exhibit 10.1

Non-Employee Director Compensation

We currently pay our non-employee directors the following:

annual retainer of $98,500 for the Lead Director
annual retainer of $102,000 for the Chairperson of the Audit Committee
annual retainer of $92,500 for the Chairperson of the Compensation Committee
annual retainer of $85,000 for the Chairperson of the Nominating and Governance Committee

The equity component of the director's compensation is valued at $180,000. The annual equity package consists of restricted stock units. The restricted stock units vest one year from the grant date or on the date of the Annual Meeting, whichever is earlier.