Compensation Package for the Board of Directors, amended as of May 28, 2024
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EX-10.1 2 ef20030068_ex10-1.htm EXHIBIT 10.1
Exhibit 10.1
Compensation Package for the Taboola.com Ltd. Board of Directors
(Amended as of May 28, 2024)
Non-Employee Director Compensation
| Compensation Element | Compensation | ||
| Board Annual Cash Retainer | $40,000 | ||
| Initial Equity Award (for new directors) | $360,000 | ||
| Annual RSU Award | $190,000 | ||
| Total Board Comp (Sum of: Annual Cash Retainer + Annual Equity Award) | $230,000 | ||
| Audit Committee Chair | $20,000 | ||
| Audit Committee Member | $10,000 | ||
| Comp Committee Chair | $15,000 | ||
| Comp Committee Member | $7,500 | ||
| Nom/Gov. or other Committee Chair | $8,000 | ||
| Nom/Gov. or other Committee Member | $4,000 | ||
| Additional Premium for Board Chair | $100,000 | ||
| Stock Ownership Guidelines | 4x annual cash retainer | ||
| Time to achieve: 5 years |
Benefits to Non-Employee Directors and Employee Directors
Taboola.com Ltd. (“Company”) may offer benefits, in addition to the benefits covered by Company policies, comparable to customary market practices to members of the Board of Directors, including employee directors (“Board”), in connection with the performance of their duties and as it relates to employee directors as determined by the Board in a particular instance, such as, but not limited to: ground transportation, safety, security and protection measures (including at household premises and for family members), cellular and landline phone benefits, company car and travel benefits, business travel including a daily stipend when traveling and other business related expenses, insurances, other benefits (such as newspaper subscriptions, academic and professional studies), etc; provided, however, that such additional benefits shall be determined in accordance with Company procedures and not to exceed $150,000 per annum in the aggregate (before tax gross up) for all persons receiving such additional benefits. The Board shall determine from time to time whether one or more of its members shall receive such additional benefits.
