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)
Lead Director Fee:$20,000 
Committee Chair Fees:
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