Amendment to the Directors Compensation Plan

Contract Categories: Human Resources - Compensation Agreements
EX-10.6 7 ex10_6.htm EXHIBIT 10.6 ex10_6.htm
Exhibit 10.6
APPENDIX A
Insperity, Inc. Directors Compensation Plan
(Amended and Restated as of August 15, 2012)

Directors' Compensation & Equity Awards
Effective February 19, 2013

 
Board
 
Compensation Committee
FRMA Committee
N&CG Committee
         
Annual Retainer
$50,000
$3,000
$5,000
None
         
Annual Committee Chair Fees
N/A
$12,000
$15,000
$15,000
         
Meeting Fees
$2,000 in person,
$1,000 telephonically*
 
$1,500 in person,
$750 telephonically*
 
These fees are also paid to the Chairman for meetings attended with Management between regular meetings.
 
Only one meeting fee per day will be paid.
$1,500 in person,
$750 telephonically*
 
These fees are also paid to the Chairman for meetings attended with Management or Auditors between regular meetings.
 
Only one meeting fee per day will be paid.
$1,500 in person,
$750 telephonically*
 
These fees are only paid for meetings not held in conjunction with a meeting of the Board of Directors.
 
Only one meeting fee per day will be paid.
         
Initial  Director Award
$75,000
N/A
N/A
N/A
         
Annual Director Award
$90,000
N/A
N/A
N/A
  
* If a Director attends in person a meeting noticed as a telephonic meeting, the Director receives the in person fee.