INVACARE CORPORATION BOARD OF DIRECTORS COMPENSATION
EX-10.(X) 6 dex10x.htm DIRECTOR COMPENSATION SCHEDULE Director Compensation Schedule
Exhibit 10(x)
INVACARE CORPORATION
BOARD OF DIRECTORS COMPENSATION
Retainer Fee | $ | 60,000 | ||||
Additional Retainer Fees | ||||||
Lead Director: | $ | 15,000 | ||||
Audit Chair: | $ | 15,000 | ||||
Compensation Chair: | $ | 15,000 | ||||
Other Committee Chairs: | $ | 10,000 | ||||
Fees for Meetings in excess of 24 in a year | $ | 1,500 | ||||
Equity Components | Restricted stock award grant value of $90,000 | |||||
| For new directors - non-qualified stock option grant equal to $150,000 divided by the market price on date elected | |||||
Non-Employee Director Elective Stock Option Program | | Non-employee directors may elect to defer all or a portion of their following year director fees into discounted stock options |