Exhibit 10.1 Total System Services, Inc. Board of Directors Compensation Approved January 18, 2005 Cash Compensation Annual Board Retainer $ 35,000 Annual Committee Member Retainers Compensation $ 5,000 Corporate Governance & Nominating $ 5,000 Audit $ 10,000 Executive $ 10,000 Annual Committee Chair Retainers * Compensation $ 5,000 Corporate Governance & Nominating $ 5,000 Audit $ 10,000 Annual Lead Director Retainer $ 5,000
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EX-10.1 2 exhibit101.htm SUMMARY OF BOARD OF DIRECTORS COMPENSATION AS APPROVED ON JANUARY 18, 2005 Compensation
Exhibit 10.1
Total System Services, Inc.
Board of Directors Compensation
Approved January 18, 2005
| Cash Compensation | ||||
Annual Board Retainer | $ | 35,000 | ||
Annual Committee Member Retainers | ||||
Compensation | $ | 5,000 | ||
Corporate Governance & Nominating | $ | 5,000 | ||
Audit | $ | 10,000 | ||
Executive | $ | 10,000 | ||
Annual Committee Chair Retainers * | ||||
Compensation | $ | 5,000 | ||
Corporate Governance & Nominating | $ | 5,000 | ||
Audit | $ | 10,000 | ||
Annual Lead Director Retainer | $ | 5,000 |
* Note: The committee chair will receive both an annual committee member retainer and an annual committee chair retainer.
| Equity Compensation | ||||
Annual restricted stock award | 500 shares | |||
| in the form of a grant from the TSYS 2002 Long Term Incentive Plan, 3 year | ||||
| cliff vesting No equity awards to employee directors | ||||
| Director Stock Purchase Plan | ||||
| Annual maximum company cash | $ | 10,000 | ||
| contribution per director participant to company-sponsored open market stock purchase | ||||
| plan, with company’s contribution equal to 50% of director participant’s cash contribution, subject to annual maximum contribution limit by director of $20,000 | ||||
