KITE REALTY GROUP TRUST Schedule of Non-Employee Trustee Fees and Other Compensation
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EX-10.4 2 exhibit10_4.htm EXHIBIT 10.4 exhibit10_4.htm
Exhibit 10.4
KITE REALTY GROUP TRUST
Schedule of Non-Employee Trustee Fees and Other Compensation
Annual Retainer | $42,500 | |
Committee Chair Annual Retainer | Audit Committee: $15,000 Compensation Committee: $12,500 Nominating and Corporate Governance Committee: $7,500 | |
Committee Member Annual Retainer | Audit Committee: $5,000 Compensation Committee: $5,000 Nominating and Corporate Governance Committee: $5,000 | |
Lead Trustee Annual Retainer | $15,000 | |
Annual Restricted Share Awards | Upon initial election, each trustee receives 3,000 restricted shares that vest 1 year from date of grant. On an annual basis each year after their initial election, each trustee will receive restricted shares with a value of $42,500 that vest 1 year from the date of grant. |
Effective: July 2013