Non-employee director compensation

Contract Categories: Human Resources - Compensation Agreements
EX-10.4 3 exhibit104non-employeedire.htm EX-10.4 Document

Exhibit 10.4

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 consisting of restricted stock units. The restricted stock units vest one year from the grant date.