Summary of Thermo Fisher Scientific Inc. Annual Non-Management Director Compensation
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Summary
This document outlines the annual compensation for non-management directors of Thermo Fisher Scientific Inc., effective February 26, 2013. Board members receive a $100,000 annual cash retainer, with additional cash retainers for committee chairs. The Chairman of the Board receives a $270,000 annual cash retainer. All directors may receive annual equity grants as recommended by the Compensation Committee. Directors are also reimbursed for reasonable travel expenses related to attending meetings.
EX-10.10 3 tmok12ex10_10.htm SUMMARY OF THERMO FISHER SCIENTIFIC INC. ANNUAL DIRECTOR COMPENSATION tmok12ex10_10.htm
Exhibit 10.10
Effective as of 02/26/13
SUMMARY OF ANNUAL NON-MANAGEMENT DIRECTOR COMPENSATION
I. Board Members (Other than the Chairman)
A. Annual Cash Compensation
Annual Cash Retainer: $100,000
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. Chairman of the Board
A. Annual Cash Compensation
Annual Cash Retainer: $270,000
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.
