Janus Capital Group Inc. Outside Director Compensation Program
This document outlines the compensation program for outside directors of Janus Capital Group Inc. It specifies annual cash and stock retainers, additional payments for committee chairs, and the non-executive chairman. Directors may defer compensation under the company's deferred fee plan, with equity awards deferred as restricted stock units. Compensation is prorated for directors joining mid-year, and the fiscal year starts after the annual shareholders’ meeting. The program was approved by the Compensation Committee on January 26, 2015.
Exhibit 10.17
JANUS CAPITAL GROUP INC.
OUTSIDE DIRECTOR COMPENSATION PROGRAM
| Annual Board Cash Retainer |
| $ | 100,000 |
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| Annual Board Stock Retainer Grant |
| $ | 100,000 |
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| Annual Committee Cash Retainer (per Committee) |
| $ | 10,000 |
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| Additional Annual Cash Retainer for Audit Committee Chair |
| $ | 25,000 |
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| Additional Annual Cash Retainer for Compensation Committee Chair, Nominating and Corporate Governance Committee Chair |
| $ | 15,000 |
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| Non-Executive Chairman Additional Annual Cash Retainer |
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| (payable in equal quarterly installments on May 1, July 1, October 1 and January 1) |
| $ | 125,000 |
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Notes:
1. All amounts are subject to proration if director joins after commencement of fiscal year. The fiscal year begins May 1 (after Annual Shareholders’ Meeting). All compensation may be deferred at the election of a director under the Company’s Directors Deferred Fee Plan. Equity awards are deferred in the form of restricted stock units.
2. The amounts above were approved at the January 26, 2015 Compensation Committee.
