Old Dominion Freight Line, Inc. Non-Employee Director Compensation Structure, effective as of the 2018 Annual Meeting of Shareholders
EX-10.18.11 2 ex-101811.htm EXHIBIT 10.18.11 Exhibit
EXHIBIT 10.18.11
OLD DOMINION FREIGHT LINE, INC.
NON-EMPLOYEE DIRECTOR COMPENSATION STRUCTURE
EFFECTIVE AS OF THE 2018 ANNUAL MEETING OF SHAREHOLDERS
Annual Cash | Annual Restricted | |
Director Role | Retainer | Stock Grant Amount |
Member (all non-employee directors) | $80,000 | $120,000 |
Lead Independent Director | 25,000 (1) | — |
Audit Committee Chair | 25,000 (1) | — |
Compensation Committee Chair | 15,000 (1) | — |
Governance and Nomination Committee Chair | 12,500 (1) | — |
(1) | Each non-employee Chair of a Board Committee and the Lead Independent Director receives this annual retainer in addition to the $80,000 annual cash retainer paid to all non-employee directors. |
