ScanSource, Inc. Board of Directors Compensation Program Effective August 17, 2022
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Compensation Agreements
Summary
This agreement outlines the compensation program for the Board of Directors of ScanSource, Inc., effective August 17, 2022. All directors receive an annual cash retainer of $85,000 and an equity grant valued at $150,000. Additional retainers are provided for the Board Chair ($70,000), Audit Committee Chair ($25,000), and Compensation Committee Chair ($15,000), with other committee chairs also receiving $15,000. Cash payments are made quarterly, and directors are reimbursed for reasonable travel and related expenses.
EX-10.28 2 scansourceex10286302022.htm EX-10.28 Document
Exhibit 10.28
Board of Directors Compensation Program
Effective as of August 17, 2022
Effective as of August 17, 2022, ScanSource, Inc.’s Annual Board Compensation Program:
| Retainer (All Directors) | $ | 85,000 | |||
| Equity Grant Value (All Directors) | $ | 150,000 | |||
| Board Chair Retainer | $ | 70,000 | |||
| Audit Committee Chair Retainer | $ | 25,000 | |||
| Compensation Committee Chair Retainer | $ | 15,000 | |||
| Compensation for Other Committee 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.
