TravelCenters of America LLC Summary of Director Compensation
This document outlines the compensation for directors of TravelCenters of America LLC. Independent directors receive an annual retainer of $75,000 and all directors are granted 10,000 shares each year. Additional annual payments are provided for specific roles, such as Lead Independent Director ($12,500), Chair of the Audit Committee ($22,500), and other committee chairs or liaisons ($12,500 each). The company also reimburses directors for travel and certain educational expenses related to their duties.
Exhibit 10.1
TRAVELCENTERS OF AMERICA LLC
Summary of Director Compensation
| Annual Retainer for Independent Directors: |
| $75,000 |
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| Share Grants for all Directors: |
| 10,000 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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| Lead Independent Director |
| $12,500 per year |
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| Chair of the Audit Committee: |
| $22,500 per year |
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| Chair of the Nominating and Governance Committee: |
| $12,500 per year |
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| Chair of the Compensation Committee: |
| $12,500 per year |
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| Board Liaison to the Company’s Gaming Compliance Committee |
| $12,500 per year |
The Company generally reimburses all Directors for travel expenses incurred in connection with their duties as Directors and for out of pocket costs incurred in connection with their attending certain continuing education programs.
