Oshkosh Corporation Summary of Cash Compensation for Non-Employee Directors (Effective January 1, 2011)
This document outlines the cash compensation structure for non-employee members of Oshkosh Corporation's Board of Directors, effective January 1, 2011. Non-employee directors receive an annual retainer, with additional payments for serving as Chairman, committee members, or committee chairs. The agreement specifies the exact amounts paid for each role and committee position. The compensation is only for non-employee directors and is paid annually.
Exhibit 10.17
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 January 1, 2011, consists of payment of the following: (i) an annual retainer of $65,000 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 director serves during the calendar year; (iv) an additional annual retainer of $10,000 to the non-employee Chair of the Audit Committee and the Human Resources Committee of the Board; and (v) an additional annual retainer of $5,000 to the non-employee Chair of the Governance Committee of the Board.
