TravelCenters of America LLC Director Compensation Plan
This agreement outlines the compensation plan for directors of TravelCenters of America LLC. Independent directors receive an annual retainer of $30,000, meeting fees of $750 per day (up to $1,500 per day for multiple meetings), and an annual grant of 11,000 shares. Additional annual fees are provided to the chairs of the Audit Committee ($12,500), Nominating and Governance Committee ($4,500), and Compensation Committee ($4,500). The plan specifies when share grants are awarded and applies to both current and newly appointed directors.
EXHIBIT 10.1
TravelCenters of America LLC
Current Compensation Plan for Directors
| Annual Retainer for Independent Directors: |
| $30,000 |
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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: |
| 11,000 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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| Chair of the Audit Committee: |
| $12,500 per year |
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| Chair of the Nominating and Governance Committee: |
| $4,500 per year |
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| Chair of the Compensation Committee: |
| $4,500 per year |
