Time Warner Cable Inc. Description of Compensation for Non-Employee Directors
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Summary
Time Warner Cable Inc. outlines additional compensation for its non-employee directors, effective in 2009. The Lead Director receives an extra annual cash retainer of $20,000, the Chair of the Finance Committee receives $10,000, and each member of the Finance Committee receives $5,000. These payments are prorated and retroactive to the start of their service. This supplements the compensation already described in the company's April 20, 2009 Proxy Statement.
EX-10.2 3 g21015exv10w2.htm EX-10.2 DESCRIPTION OF CERTAIN DIRECTOR COMPENSATION exv10w2
Exhibit 10.2
Time Warner Cable Inc.
Description of Compensation for Non-Employee Directors
Description of Compensation for Non-Employee Directors
In addition to the Non-Employee Director compensation described in the section titled Director Compensation in the Companys Proxy Statement dated April 20, 2009, on July 30, 2009, the Companys Board of Directors approved, commencing in 2009, an additional annual cash retainer of $20,000 for the Lead Director, $10,000 for the Chair of the Finance Committee and $5,000 for each member of the Finance Committee, prorated and retroactive to their dates of service.