Director Compensation Schedule
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.BF 9 a2022ivcex10bf-directorcom.htm EX-10.BF Document
$ 195,000
Non-Employee Director Compensation
Effective December 2022
Board Members:
Annual Retainer: $ 105,000
Annual Equity Award: $ 90,000 (1)(2)
$ 195,000
Non-Executive Chairman Fee: $ 40,000
Committee Chair Fees:
Audit $ 15,000
Compensation $ 15,000
Nominating & Governance $ 10,000
Regulatory & Compliance $ 15,000
Special $ 20,000
Meeting Fees: $ 1,500 (3)
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Notes:
(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
Rev. January 5, 2023
