INVACARE CORPORATION BOARD OF DIRECTORS COMPENSATION
EX-10.(X) 4 dex10x.htm DIRECTOR COMPENSATION SCHEDULE Director Compensation Schedule
Exhibit 10(x)
INVACARE CORPORATION
BOARD OF DIRECTORS COMPENSATION
Retainer Fee | $40,000 | |
Additional Retainer Fees | ||
Lead Director: | $10,000 | |
Audit Chair: | $5,000 | |
Compensation Chair: | $2,500 | |
Governance Chair: | $2,500 | |
Regular Meeting Fees | $2,000 | |
Committee Meeting Fees | ||
Member: | $1,500 | |
Chair: | $2,000 | |
Telephonic Meetings | 50% for interim conference calls that are conducted between scheduled meetings | |
Stock Components | Option grant value of $68,500 | |
For new directors - option grant to purchase $150,000 in shares based on 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 director fees into discounted stock options |