NuVasive, Inc. Non-Employee Director Cash Compensation
EX-10.21 7 nuva-ex1021x2013x10k.htm NON-EMPLOYEE DIRECTOR CASH COMPENSATION PLAN NUVA-EX10.21-2013-10K
Exhibit 10.21
NuVasive, Inc.
Non-Employee Director Cash Compensation
Non-employee directors receive fees from the Company for their services as members of the Board and any committee of the Board. We pay our non-employee directors cash retainers and make equity award grants for their service on the Board. All directors own shares of our common stock. No director compensation is paid to any director who is also an employee of the Company. The following table sets forth the non-employee director compensation schedule effective July 1, 2013:
Position | Annual Retainer |
Board | $50,000 |
Lead Independent Director* | $15,000 |
Audit Committee | $15,000 |
Chairperson of Audit Committee* | $20,000 |
Nominating and Governance Committee | $5,000 |
Chairperson of Nominating and Governance Committee* | $10,000 |
Compensation Committee | $10,000 |
Chairperson of the Compensation Committee* | $15,000 |
* | Lead Independent Director and Committee Chair retainers are in addition to the member retainer |
