Washington Mutual, Inc. 2006 Director Compensation Worksheet
This document outlines the 2006 compensation structure for directors of Washington Mutual, Inc. It details annual cash retainers, meeting fees, additional compensation for committee chairs and vice chairs, and annual equity grants in the form of stock options and restricted stock. The worksheet specifies the amounts paid for various roles and responsibilities, ensuring transparency in director compensation for the year.
Exhibit 10.1
Washington Mutual, Inc.
2006
Director Compensation Worksheet
| Annual cash retainer | $60,000.00 |
| Annual deferred equity retainer | $0 |
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| Board / Committee meeting fees | $1,500.00 |
| Telephonic-only meeting fees | $750.00 |
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| Committee Chair – Audit | $15,000.00 |
| Vice Chair – Audit | $7,500.00 |
| Committee Chair – Human Resources | $10,000.00 |
| Committee Chair – Governance | $10,000.00 |
| Committee Chair – Finance | $10,000.00 |
| Committee Chair – Corporate Relations | $7,500.00 |
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| Presiding Director | $5,000.00 |
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| Annual Corporate Development Retainer | $6,000.00 |
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| Annual Equity Grant: |
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| Stock Options: | $30,000.00 |
