ScanSource, Inc. Board of Directors Compensation Program Effective August 19, 2021
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Summary
This document outlines the compensation program for the Board of Directors of ScanSource, Inc., effective August 19, 2021. All directors receive an annual cash retainer of $85,000 and an equity grant valued at $130,000. Additional retainers are provided for the Board Chair ($70,000), Audit Committee Chair ($25,000), Compensation Committee Chair ($15,000), and Nominating and Corporate Governance Committee Chair ($15,000). Cash retainers are paid quarterly, and directors are reimbursed for reasonable travel and related expenses.
EX-10.1 2 scansourceex1019302021.htm EX-10.1 Document
Exhibit 10.1
Board of Directors Compensation Program
Effective as of August 19, 2021
Effective as of August 19, 2021, ScanSource, Inc.’s Annual Board Compensation Program:
| Retainer (All Directors) | $ | 85,000 | |||
| Equity Grant Value (All Directors) | $ | 130,000 | |||
| Board Chair Retainer | $ | 70,000 | |||
| Audit Committee Chair Retainer | $ | 25,000 | |||
| Compensation Committee Chair Retainer | $ | 15,000 | |||
| Nominating and Corporate Governance Committee Chair Retainer | $ | 15,000 | |||
Cash retainers are paid quarterly in arrears.
Equity awards are made in accordance with the Company’s standard practice for directors.
Directors are reimbursed for travel and other expenses reasonably incurred in connection with their service as directors.
