Summary of Non-Employee Director Compensation
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.16 3 irt-ex1016_542.htm EX-10.16 irt-ex1016_542.htm
Exhibit 10.16
Schedule of Non-Employee Director Compensation
(as revised, effective January 1, 2020)
1.Annual Retainer:
a.$45,000 cash.
b.$75,000 in common stock.
2.Lead Independent Director and Annual Committee Chair Fees:
a.Lead Independent Director Fee - $20,000.
b.Audit Committee Chair - $20,000.
c.Compensation Committee Chair - $15,000.
d.Nominating and Governance Committee Chair - $10,000
3.Annual Committee Member (other than Chair) Fees:
a.Audit Committee - $7,500.
b.Compensation Committee - $5,000.
c.Nominating and Governance Committee - $5,000.
