Director Compensation Schedule
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.AR 4 a202010kexhibit10ar.htm EX-10.AR Document
Exhibit 10(ar)
| Non-Employee Director Compensation | ||||||||||||||
| Effective January 2021 | ||||||||||||||
| Board Member Fees: | ||||||||||||||
| Annual Retainer: | $ | 65,000 | ||||||||||||
| Annual Equity Award: | $ | 130,000 | (1)(2) | |||||||||||
| $ | 195,000 | |||||||||||||
| Lead Director Fee: | $ | 20,000 | ||||||||||||
| Committee Chair Fees: | ||||||||||||||
| Audit | $ | 15,000 | ||||||||||||
| Compensation | $ | 15,000 | ||||||||||||
| Nominating & Governance | $ | 10,000 | ||||||||||||
| Regulatory & Compliance | $ | 15,000 | ||||||||||||
| Meeting Fees: | $ | 1,500 | (3) | |||||||||||
| (1) | Target Value of restricted stock units | |||||||||||||
| (2) | New Directors receive an award of a pro-rated number of shares of the most recent annual grant based on the months remaining until the next annual grant | |||||||||||||
| (3) | For meetings attended in excess of 24 in a year | |||||||||||||
