OLD DOMINION FREIGHT LINE, INC. NON-EXECUTIVE DIRECTOR COMPENSATION STRUCTURE EFFECTIVE DATE JANUARY 1, 2014 Annual RetainerAnnual PhantomDirector RoleAmountStock Grant AmountMember (all non-executive directors)$75,000$80,000Lead Independent Director(1)20,000Audit Committee Chairman (1)20,000Compensation Committee Chairman (1)10,000Governance and Nomination Committee Chairman (1)10,000
EX-10.18.8 2 ex-10188.htm NON-EXECUTIVE DIRECTOR COMPENSATION STRUCTURE EX-10.18.8
EXHIBIT 10.18.8
OLD DOMINION FREIGHT LINE, INC.
NON-EXECUTIVE DIRECTOR COMPENSATION STRUCTURE
EFFECTIVE DATE – JANUARY 1, 2014
Annual Retainer | Annual Phantom | |
Director Role | Amount | Stock Grant Amount |
Member (all non-executive directors) | $75,000 | $80,000 |
Lead Independent Director (1) | 20,000 | — |
Audit Committee Chairman (1) | 20,000 | — |
Compensation Committee Chairman (1) | 10,000 | — |
Governance and Nomination Committee Chairman (1) | 10,000 | — |
(1) | Each non-executive Chairman of a Board Committee and the Lead Independent Director receives this annual retainer in addition to the $75,000 annual retainer paid to all non-executive directors. |
