OSHKOSH CORPORATION Summary of Cash Compensation For Non-Employee Directors
Exhibit (10.3)
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, 2010, consists of payment of the following: (i) an annual retainer of $65,000 for each non-employee director; (ii) an annual retainer of $13,500 for each Board Committee, other than the Executive Committee, on which a non-employee director serves during the calendar year; (iii) 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 (iv) an additional annual retainer of $5,000 to the non-employee Chair of other Board Committees, excluding the Executive Committee.