Summary of Thermo Fisher Scientific Inc. Annual Non-Management Director Compensation
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.1 2 tmo8kex101.htm SUMMARY OF ANNUAL NON-MANAGEMENT DIRECTOR COMPENSATION. Document
Exhibit 10.1
Effective as of 5/19/2021
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 Chairs of Audit Committee and Compensation Committee: | $25,000 | ||||
Additional Cash Retainer for Chairs of Nominating and Corporate Governance Committee, Science and Technology Committee and Strategy and Finance Committee: | $20,000 | ||||
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. |