SUMMARY OF NON-MANAGEMENT DIRECTOR COMPENSATION As of February 24, 2012 FunctionAmount PaidAnnual Stock Retainer$60,000 Annual Cash Retainer (1)$45,000 Lead Non-Management Director (1)$20,000 Audit Committee Member (1)$15,000 Audit Committee Chair (1)$10,000 Compensation Committee Member (1)$10,000 Compensation Committee Chair (1)$6,750 Nominating and Corporate Governance Committee Member (1)$10,000 Nominating and Corporate Governance Committee Chair (1)$5,000 Additional meeting fees (as approved by the Chairman) (1)$1,500 (in person)$750 (telephonic) Meeting Travel Expenses - Cash ReimbursementReasonable and actual
EX-10.17 4 ex-1017.htm Ex-10.17NonMgmtDirectorComp
Exhibit 10.17
SUMMARY OF NON-MANAGEMENT DIRECTOR COMPENSATION
As of February 24, 2012
Function | Amount Paid | |||
Annual Stock Retainer | $ | 60,000 | ||
Annual Cash Retainer (1) | $ | 45,000 | ||
Lead Non-Management Director (1) | $ | 20,000 | ||
Audit Committee Member (1) | $ | 15,000 | ||
Audit Committee Chair (1) | $ | 10,000 | ||
Compensation Committee Member (1) | $ | 10,000 | ||
Compensation Committee Chair (1) | $ | 6,750 | ||
Nominating and Corporate Governance Committee Member (1) | $ | 10,000 | ||
Nominating and Corporate Governance Committee Chair (1) | $ | 5,000 | ||
Additional meeting fees (as approved by the Chairman) (1) | $1,500 (in person) $750 (telephonic) | |||
Meeting Travel Expenses - Cash Reimbursement | Reasonable and actual | |||
(1) Payable in cash or stock at the Director's election in quarterly increments.
