KITE REALTY GROUP TRUST Schedule of Non-Employee Trustee Fees and Other Compensation

EX-10.11 3 exhibit10_11.htm EXHIBIT 10.11 exhibit10_11.htm
Exhibit 10.11

 
 
KITE REALTY GROUP TRUST
 

Schedule of Non-Employee Trustee Fees and Other Compensation
 
 
 
Annual Retainer
  
$55,000
     
Committee Chair Annual Retainer
  
Audit Committee: $20,000
Compensation Committee: $15,000
Nominating and Corporate Governance Committee: $10,000
     
Committee Member Annual Retainer
  
Audit Committee: $10,000
Compensation Committee: $7,500
Nominating and Corporate Governance Committee: $5,000
     
Lead Trustee Annual Retainer
  
$20,000
     
Annual Restricted Share Awards
  
Each trustee will receive restricted common shares with a value of $75,000 on an annual basis, which shares will vest on the one-year anniversary of the grant date.  In addition, upon initial election each trustee will receive a one-time grant of 750 restricted common shares, which shares will vest on the one-year anniversary of the grant date.


Effective: October 2014