Summary of Annual Non-Management Director Compensation for Thermo Fisher Scientific Inc.
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Summary
This document outlines the annual compensation for non-management directors of Thermo Fisher Scientific Inc. Board members receive an $80,000 cash retainer, with additional payments for committee chairs. The Chairman of the Board receives $250,000 in cash compensation 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-10.1 3 tmoq110ex10_1.htm tmoq110ex10_1.htm
0; Exhibit 10.1
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,
Nominating and Corporate Governance Committee, Strategy and
Finance Committee and Corporate Social Responsibility 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.
