Non-Employee Director CompensationMarch 2017Board Member Fees:Annual Retainer:$60,000 Annual Equity Award:$105,000 (1)(2)$165,000 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

EX-10.AR 5 a201610kexhibit10ar.htm EXHIBIT 10.AR Exhibit




Exhibit 10(ar)


 
Non-Employee Director Compensation
 
March 2017
 
 
 
 
 
 
Board Member Fees:
 
 
 
 
 
 
 
 
 
Annual Retainer:
 
$
60,000

 
 
Annual Equity Award:
 
$
105,000

(1)(2)
 
 
 
 
 
 
 
 
$
165,000

 
 
 
 
 
 
 
 
 
 
 
 
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