Summary of Annual Non-Management Director Compensation for Thermo Fisher Scientific Inc.
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
This document outlines the annual compensation for non-management directors of Thermo Fisher Scientific Inc., effective November 11, 2010. Board members receive an $80,000 annual cash retainer, with additional amounts for committee chairs. The Chairman of the Board receives $250,000 annually instead of the standard 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-10.15 3 tmok11ex10_15.htm SUMMARY OF THERMO FISHER SCIENTIFIC INC. ANNUAL DIRECTOR COMPENSATION tmok11ex10_15.htm
Exhibit 10.15
Effective as of 11/11/10
SUMMARY OF ANNUAL NON-MANAGEMENT DIRECTOR COMPENSATION
I. Board Members (Other than the Chairman)
A. Annual Cash Compensation
Annual Cash Retainer: $ 80,000
Additional Cash Retainer for Chairman of Audit Committee: $ 20,000
Additional Cash Retainer for Chairs of Compensation Committee,
Corporate Social Responsibility Committee, Nominating and
Corporate Governance Committee, Science and Technology
Committee and Strategy and Finance Committee: $ 10,000
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 Compensation (in lieu of annual retainer): $250,000
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.
