Exhibit A to the MRC Global Director Compensation Plan
Exhibit 10.1
Exhibit A to Director Compensation Plan
Cash Board Retainers as of May 4, 2023
| Annual Board retainer | $ | 90,000 | ||
| Committee Chair retainers: | ||||
| • Audit Committee Chair | $ | 25,000 | ||
| • Compensation Committee Chair | $ | 20,000 | ||
| • Governance Committee Chair | $ | 15,000 | ||
| Committee Member retainers: | ||||
| • Audit Committee Member | $ | 2,000 | ||
| • Compensation Committee Member | $ | 2,000 | ||
| • Governance Committee Member | $ | 2,000 |
Meeting Fees
None
Equity grants as of May 4, 2023
Restricted stock determined by dividing $145,000 (except for non-executive Chairman, who shall receive $265,000) by the 20-day volume weighted average price (VWAP) of the Company’s common stock on the New York Stock Exchange as of the date immediately preceding the Company’s Annual Meeting of Stockholders. Restricted stock will vest upon the first anniversary of the grant date.
