PVH Corp. Schedule of Non-Management Director Fees Effective June 16, 2022
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Summary
This document outlines the compensation structure for non-management directors of PVH Corp. as of June 16, 2022. It specifies annual cash retainers, equity awards in the form of restricted stock units, and additional fees for serving as chair or member of various board committees. The agreement also states that all meeting-related expenses will be reimbursed to non-employee directors. The key obligations are the payment of specified fees and awards to eligible directors, with no complex conditions or time limits beyond the effective date.
EX-10.1 2 ex10120222q10q.htm EX-10.1 Document
EXHIBIT 10.1
PVH CORP.
SCHEDULE OF NON-MANAGEMENT DIRECTOR FEES
EFFECTIVE JUNE 16, 2022
BOARD
| Annual member fee | $100,000 | Retainer | ||||||
| Equity Award - Restricted Stock Units | $180,000 value | This award is equal to the number of restricted stock units with a grant date value of approximately $180,000, rounded up to the closest whole number of shares | ||||||
| Independent, non-executive Chair fee | $200,000 value | This award is targeted to equal the number of restricted stock units with a grant date value of approximately $200,000, rounded up to the closest whole number of shares | ||||||
AUDIT & RISK MANAGEMENT COMMITTEE
| Fee to chair | $45,000 | Retainer | ||||||
| Fee to member | $20,000 | Retainer | ||||||
COMPENSATION COMMITTEE
| Fee to chair | $35,000 | Retainer | ||||||
| Fee to member | $15,000 | Retainer | ||||||
NOMINATING, GOVERNANCE & MANAGEMENT DEVELOPMENT COMMITTEE
| Fee to chair | $25,000 | Retainer | ||||||
| Fee to member | $10,000 | Retainer | ||||||
CORPORATE RESPONSIBILITY COMMITTEE
| Fee to chair | $25,000 | Retainer | ||||||
| Fee to member | $10,000 | Retainer | ||||||
All meeting-related expenses will be reimbursed to non-employee Directors.
