PARKER-HANNIFIN CORPORATION SUMMARY OF THE COMPENSATION OF THENON-EMPLOYEE MEMBERS OF THE BOARD OF DIRECTORS Adopted August 11, 2010, effective October 1, 2010

EX-10.(C) 4 dex10c.htm SUMMARY OF THE COMPENSATION OF THE NON-EMPLOYEE MEMBERS OF THE BOARD Summary of the Compensation of the Non-Employee Members of the Board

Exhibit 10(c)

PARKER-HANNIFIN CORPORATION

SUMMARY OF THE COMPENSATION OF THE NON-EMPLOYEE MEMBERS

OF THE BOARD OF DIRECTORS

Adopted August 11, 2010, effective October 1, 2010

 

Annual retainer for Corporate Governance and Nominating Committee Chair:

    $ 127,500   

Annual retainer for Audit Committee Chair:

    $ 117,500   

Annual retainer for Human Resources and Compensation Committee Chair:

    $ 112,500   

Annual retainer for Finance Committee Chair:

    $ 110,000   

Annual retainer for non-chair committee members:

    $ 102,500   

Meeting fees of $1,500 for attending each Board of Directors or Committee meeting that exceeds the number of regularly-scheduled meetings of the Board or the relevant Committee in a fiscal year by more than two.

Annual restricted stock grant