Owens & Minor, Inc. Non-Employee Directors’ 2007-2008 Compensation Schedule
This document outlines the compensation structure for non-employee directors of Owens & Minor, Inc. for 2007-2008. It specifies annual cash and restricted stock retainers, additional retainers for specific leadership roles, meeting attendance fees, and stock option grants. Directors receive both cash and stock compensation, with extra payments for serving as lead director, non-executive chairman, or committee chairs. The agreement also details fees for attending meetings in person or by phone, and grants stock options with a seven-year term. All terms are set for the specified annual period.
Exhibit 10.26
OWENS & MINOR, INC.
NON-EMPLOYEE DIRECTORS’ 2007-2008 COMPENSATION
| Annual Retainer (cash) | $ | 30,000 | |
| Annual Retainer | $ | 30,000 | |
| Additional Retainer for Lead Director | $ | 30,000 | |
| Additional Retainer for Non-Executive Chairman | $ | 200,000 | |
| Additional Retainer for Audit Committee Chair | $ | 7,000 | |
| Additional Retainer for Other Committee Chairs | $ | 5,000 | |
| Board Meeting Attendance Fee | $ | 1,500 | |
| Audit Committee Meeting Attendance Fee | $ | 1,500 | |
| Other Committee Meetings Attendance Fee | $ | 1,200 | |
| Telephone Meeting Fee for Any Meeting | $ | 800 | |
| Audit Committee Telephone Meeting | $ | 1,200 | |
| Other Committee Telephone Conference Meeting (when called as such) | $ | 800 | |
| Board Retreat (annual 2-day meeting) | $ | 3,000 | |
| Non-Qualified Stock Options 7-year expiration, exercisable upon grant | 5,000 shares |
