Exhibit 10.1 Schedule of Nonemployee Director Compensation (Effective January 1, 2006) Standard Compensation Board Member Standard Retainer $ 49,000 Board Meeting Fee (per meeting) $ 2,000 Committee Meeting Fee (per meeting) $ 1,500 Special Retainers Lead Independent Director Retainer $ 50,000 Audit Committee Chairman Retainer $ 20,000 Risk Management Committee Chairman Retainer $ 15,000 Compensation Committee Chairman Retainer $ 15,000 Executive Committee Chairman Retainer $ Nominating and Corporate Governance Committee Chairman Retainer $
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.1 2 g98890exv10w1.htm EX-10.1 Ex-10.1
Exhibit 10.1
Schedule of Nonemployee Director Compensation
(Effective January 1, 2006)
(Effective January 1, 2006)
Standard Compensation | ||||
Board Member Standard Retainer | $ | 49,000 | ||
Board Meeting Fee (per meeting) | $ | 2,000 | ||
Committee Meeting Fee (per meeting) | $ | 1,500 | ||
Special Retainers | ||||
Lead Independent Director Retainer | $ | 50,000 | ||
Audit Committee Chairman Retainer | $ | 20,000 | ||
Risk Management Committee Chairman Retainer | $ | 15,000 | ||
Compensation Committee Chairman Retainer | $ | 15,000 | ||
Executive Committee Chairman Retainer | $ | — | ||
Nominating and Corporate Governance Committee Chairman Retainer | $ | — |
All retainers will be paid quarterly, with 60% paid in the form of fully vested stock grants and 40% paid in cash. Meeting fees will be paid in cash.
