Non-Employee Director Compensation Schedule (Effective October 1, 2007)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the compensation structure for non-employee directors of the company, effective October 1, 2007. It specifies annual retainers for board service, committee membership, and committee chair positions, as well as the amount deferred to stock units. The compensation includes fixed payments for serving on the board and additional amounts for specific committee roles and the lead director position.

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EX-10.1 2 v34614exv10w1.htm EXHIBIT 10.1 exv10w1  

Exhibit 10.1
Non-Employee Director Compensation
(effective October 1, 2007)
         
Component of Pay   Amount  
Board Retainer
   $ 100,000  
Audit Committee Retainer
   $ 10,000  
Audit Committee Chair Retainer
   $ 20,000  
Compensation and Management Development Committee Chair Retainer
  $ 10,000  
Nominating and Corporate Governance Committee Chair Retainer
  $ 10,000  
Other Committee Chair Retainer
   $ 7,500  
Lead Director Retainer
   $ 25,000  
Amount deferred to Stock Units
   $ 100,000