Summary of Thermo Fisher Scientific Inc. Annual Director Compensation
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.4 3 tmo201910kex104.htm SUMMARY OF ANNUAL DIRECTOR COMPENSATION Document
Exhibit 10.4
Effective as of 2/25/2020
SUMMARY OF ANNUAL NON-MANAGEMENT DIRECTOR COMPENSATION
I. Board Members (Other than the Lead Director)
A. Annual Cash Compensation
| Annual Cash Retainer: | $125,000 | ||||
| Additional Cash Retainer for Chairman of Audit Committee: | $25,000 | ||||
| Additional Cash Retainer for Chairs of Compensation Committee, | |||||
| Nominating and Corporate Governance Committee, Science and | |||||
| Technology Committee and Strategy and Finance Committee: | $15,000 | ||||
B. Equity Compensation
Annual equity grants are made upon the recommendation of the Compensation Committee.
II. Lead Director
A. Annual Cash Compensation
| Annual Cash Retainer: | $165,000 | ||||
B. Equity Compensation
| Annual equity grants are made upon the recommendation of the Compensation Committee. | ||
III. Travel Expenses
| Directors are reimbursed for reasonable out-of-pocket expenses incurred in attending meetings. | ||
