PLEXUS CORP. ANNUAL BOARD OF DIRECTORS AND COMMITTEE COMPENSATION BOARD MEMBERS AND BOARD LEADERSHIP

EX-10.8(A) 4 plxsf12exhibit108a.htm EXHIBIT - 10.8(A) PLXS F12 Exhibit 10.8(a)

Exhibit 10.8(a)

PLEXUS CORP.

ANNUAL BOARD OF DIRECTORS AND COMMITTEE COMPENSATION

BOARD MEMBERS AND BOARD LEADERSHIP

Board Member Retainer (all directors) $65,000.00 USD

Lead Director Retainer $20,000.00 USD

COMMITTEE MEMBERS

AUDIT COMMITTEE

COMPENSATION & LEADERSHIP DEVELOPMENT COMMITTEE (“COMPENSATION COMMITTEE”)

NOMINATING & CORPORATE GOVERNANCE COMMITTEES (“NOMINATING COMMITTEE”)

Compensation Committee Chairperson Retainer $12,500.00 USD

Compensation Committee Member Retainer $7,500.00 USD

Nominating Committee Chairperson Retainer $10,000.00 USD

Nominating Committee Member Retainer $5,250.00 USD

Audit Committee Chairperson Retainer $15,000.00 USD

Audit Committee Member Retainer $9,000.00 USD

DIRECTOR EQUITY COMPENSATION

Board members will receive equity compensation as approved and in accordance with Plexus' equity compensation plans. Equity compensation awarded to Plexus directors is disclosed in Plexus’ proxy statement for its annual meeting of shareholders.

EDUCATIONAL EXPENSE REIMBURSMENT

Plexus will reimburse each director for the out-of-pocket cost associated with one educational seminar per year that is designed to educate directors on their obligations as directors, best practices in corporate governance, or the skills necessary to be more effective directors. Approved educational expenses will be reported to the Nominating and Corporate Governance Committee bi-annually.

TRAVEL EXPENSE REIMBURSEMENT

All directors will receive reimbursement for reasonable out-of-pocket travel expenses (e.g. airfare, hotel, rental car and meals) incurred in connection with meetings and educational seminars upon providing receipts.

RETAINER AND REIMBURSEMENT PAYMENT

All retainers and expense reimbursements are typically paid by Plexus quarterly at the time of quarterly Board meetings.