LIN TV Corp. Summary of Director Compensation Policy (as of March 15, 2010)

Contract Categories: Human Resources › Compensation Agreements
Summary

LIN TV Corp. outlines the compensation structure for its non-employee directors as of March 15, 2010. Non-employee directors receive an annual cash retainer of $60,000, with additional annual retainers for committee chair roles and the Chairman of the Board. Directors also receive cash fees for attending board and committee meetings, with different amounts based on in-person or telephone attendance. This policy sets forth the payment terms and roles eligible for additional compensation.

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EX-10.14 2 exhibit1014.htm SUMMARY OF DIRECTOR COMPENSATION POLICIES exhibit1014.htm
EXHIBIT 10.14

LIN TV Corp.
Summary of Director Compensation

As of March 15, 2010, our non-employee directors receive the following compensation:

Annual Cash Retainer for each non-employee director
   $ 60,000  
Additional annual cash retainers for:
        
Chairman of the Board
     25,000  
Compensation Committee Chairman
     15,000  
Nominating and Corporate Governance Committee Chairman
     15,000  
Audit Committee Chairman
     20,000  
Per Meeting Cash Fees:
        
Board meeting attended in person
     1,500  
Committee meeting attended in person
     1,000  
Board meeting attended via telephone
     1,000  
Committee meeting attended via telephone
     500