EX-101 INSTANCE DOCUMENT

EX-10.16 2 g25540exv10w16.htm EX-10.16 exv10w16
Exhibit 10.16
TOTAL SYSTEM SERVICES, INC.
Board of Directors Compensation for Non-Employee Directors
Cash Compensation
         
Annual Board Retainer
   $ 40,000  
 
        
Annual Committee Member Retainers
        
Audit Committee
   $ 15,000  
Compensation Committee
   $ 10,000  
Corporate Governance and Nominating Committee
   $ 7,500  
Executive Committee
   $ 10,000  
 
        
Annual Committee Chair Retainers*
        
Audit Committee
   $ 15,000  
Compensation Committee
   $ 10,000  
Corporate Governance and Nominating Committee
   $ 7,500  
Executive Committee
   $ 15,000  
 
        
Annual Lead Director Retainer
   $ 5,000  
 
*   Note: The committee chair receives both an annual committee member retainer and an annual committee chair retainer.
Equity Compensation
An annual equity award with a fixed value of $20,000, with 50% awarded in the form of fully vested stock options and 50% in the form of fully vested shares
Director Stock Purchase Plan
         
Annual maximum company cash contribution per director participant
   $ 3,000  
to company-sponsored open market stock purchase plan, with company’s contribution equal to 15% of director participant’s cash contribution, subject to annual maximum contribution limit by director of $20,000. Employee directors may participate in this plan.