NuVasive, Inc. Non-Employee Director Cash Compensation Program as of December 31, 2019
This document outlines NuVasive, Inc.'s compensation program for non-employee directors as of December 31, 2019. It specifies the annual cash retainers paid to board members and additional amounts for those serving as Lead Independent Director or as committee chairpersons. Directors can choose to defer their cash compensation into the company's Deferred Compensation Plan. The agreement sets forth the structure and options for director compensation but does not impose additional obligations or time limits beyond the compensation terms described.
Exhibit 10.52
NuVasive, Inc.
Non-Employee Director Cash Compensation
NuVasive’s standard Director compensation program for non-employee Directors includes cash retainers (paid quarterly) and an annual equity award. The following table sets forth the cash retainers payable to our non-employee Directors as of December 31, 2019.
| Board Member Cash Retainers | Annual Retainer |
| Board Member Retainer | $70,000 |
| Lead Independent Director* | $25,000 |
| Audit Committee Chairperson* | $20,000 |
| Compensation Committee Chairperson* | $20,000 |
| Nominating, Corporate Governance and Compliance Committee Chairperson* | $10,000 |
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| * | Lead Independent Director and Committee Chair retainers are in addition to the other retainers. |
Non-employee Directors may defer all or a portion of their cash retainer into NuVasive’s Deferred Compensation Plan, a non-qualified defined contribution plan.
