Compensation Summary for Independent Non-Employee Director of XPLR Infrastructure, LP (Effective January 1, 2025)
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Summary
This document outlines the compensation package for independent non-employee directors of XPLR Infrastructure, LP, effective January 1, 2025. Directors will receive an annual retainer of $90,000, paid quarterly, and an additional $15,000 annually if serving as a committee chair. They will also receive an annual grant of restricted common units valued at $150,000, determined by the closing price of the company's common units on the grant date. The package includes travel and accident insurance, with coverage extended to spouses.
EX-10.15 10 xplr-q42024xexx1015.htm EX-10.15 Document
Exhibit 10.15
XPLR INFRASTRUCTURE, LP
COMPENSATION SUMMARY FOR INDEPENDENT NON-EMPLOYEE DIRECTOR OF
XPLR INFRASTRUCTURE, LP
(Effective January 1, 2025)
Annual Retainer (payable quarterly) | $90,000 | ||||
Committee Chair retainer (annual) (payable quarterly) | $15,000 | ||||
Annual grant of restricted common units (under 2024 Long-Term Incentive Plan) | That number of common units determined by dividing $150,000 by closing price of XPLR Infrastructure, LP common units on effective date of grant (rounded up to the nearest 10 common units) | ||||
Miscellaneous | Travel and Accident Insurance (including spouse coverage) |