SUMMARY OF BOARD OF DIRECTOR COMPENSATION Board of Director Compensation
EX-10.(III) 2 dex10iii.htm SUMMARY OF BOARD OF DIRECTOR COMPENSATION Summary of Board of Director Compensation
Exhibit 10.iii.
SUMMARY OF BOARD OF DIRECTOR COMPENSATION
Board of Director Compensation
The Mosaic Company
Effective June 1, 2006
Non-Management Director Compensation
(Other than Non-Executive Chairman)
1. | Annual Retainer $75,000 |
2. | Annual Committee Chair Retainer (Non-Audit) $7,000 |
3. | Annual Audit Committee Retainer |
a. | Chairperson $15,000 |
b. | Other Audit Committee Members $5,000 |
4. | Annual Equity Compensation Award $65,000 value in restricted stock units |
Non-Executive Chairman of the Board Compensation
1. | Annual Retainer $150,000 |
2. | Annual Equity Compensation Award $130,000 value in restricted stock units |