TravelCenters of America LLC Current Compensation Plan for Directors
EXHIBIT 10.1
TravelCenters of America LLC
Current Compensation Plan for Directors
Annual Retainer for Independent Directors: | $35,000 |
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Meeting Fees for Independent Directors: | $750 per day per board or committee meeting, with a maximum fee of $1,500 for any one day with multiple board and committee meetings |
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Share Grants for all Directors: | 7,500 annually to be granted on the day of the first board meeting following the Annual Meeting of Shareholders (or, for Directors who are first elected or appointed at other times, on the day of the first board meeting attended) |
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Chair of the Audit Committee: | $15,000 per year |
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Chair of the Nominating and Governance Committee: | $5,000 per year |
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Chair of the Compensation Committee: | $5,000 per year |
TravelCenters of America LLC generally reimburses all Directors for travel expenses incurred in connection with their duties as Directors and for out of pocket costs incurred from their attending certain continuing education programs.
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