Summary of Non-Management Director Compensation (incorporated by reference to Exhibit 10.9 to the Company's Annual Report on Form 10-K for the year ended December 31, 2020)
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EX-10.9 3 ex109directorscomp2021.htm EX-10.9 Document
Exhibit 10.9
SUMMARY OF NON-MANAGEMENT DIRECTOR COMPENSATION
As of January 1, 2022
| Function | Amount Paid | Form of Payment | ||||||||||||
| Annual Stock Retainer | $95,000 annually | Payable in quarterly increments in shares of company common stock at its fair market value | ||||||||||||
| Annual Cash Retainer | $70,000 annually | Payable in cash in quarterly increments | ||||||||||||
| Audit Committee Members Meeting Fee | $15,000 annually | Payable in cash in quarterly increments | ||||||||||||
| Audit Committee Chair Meeting Fee | $30,000 annually | Payable in cash in quarterly increments | ||||||||||||
| Compensation Committee Members Meeting Fee | $10,000 annually | Payable in cash in quarterly increments | ||||||||||||
| Compensation Committee Chair Meeting Fee | $20,000 annually | Payable in cash in quarterly increments | ||||||||||||
| Nominating & Governance Committee Members Meeting Fee | $10,000 annually | Payable in cash in quarterly increments | ||||||||||||
| Nominating & Governance Committee Chair Meeting Fee | $15,000 annually | Payable in cash in quarterly increments | ||||||||||||
| Independent Chairman of the Board | $75,000 annually | Payable in cash in quarterly increments | ||||||||||||
