Oshkosh Corporation Summary of Cash Compensation for Non-Employee Directors (Effective February 6, 2017)
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
Oshkosh Corporation outlines the cash compensation for its non-employee Board members, effective February 6, 2017. Non-employee directors receive an annual retainer, with additional payments for serving as Chairman, on Board Committees, or as Committee Chairs. The agreement also covers reimbursement for reasonable travel and related expenses incurred for Board duties and continuing education. This summary sets forth the structure and amounts of compensation for non-employee directors of the company.
EX-10.8 2 oskex10893017.htm EXHIBIT 10.8 Exhibit
Exhibit 10.8
OSHKOSH CORPORATION
Summary of Cash Compensation for Non-Employee Directors
Cash compensation for non-employee members of the Board of Directors (the “Board”) of Oshkosh Corporation, effective February 6, 2017, consists of payment of the following: (i) an annual retainer of $92,500 for each non-employee director; (ii) an additional annual retainer of $150,000 for the non-employee Chairman of the Board; (iii) an additional annual retainer of $13,500 for each Board Committee on which a non-employee directors serves during the calendar year; (iv) an additional annual retainer of $15,000 to the non-employee Chair of the Audit Committee and the Human Resources Committee of the Board; (v) an additional annual retainer of $10,000 to the non-employee Chair of the Governance Committee of the Board; and (vi) reimbursement of reasonable travel and related expenses incurred in attending Board and Board committee meetings as well as continuing education programs.
