Schedule of Director Compensation Arrangements

Contract Categories: Human Resources - Compensation Agreements
EX-10.8 2 h54298exv10w8.htm SCHEDULE OF DIRECTOR COMPENSATION ARRANGEMENTS(1) exv10w8
 

EXHIBIT 10.8
SCHEDULE OF DIRECTOR COMPENSATION ARRANGEMENTS
TRICO MARINE SERVICES, INC.
Board and Committee Compensation
Fees:
                 
        Chairman of        
All Directors       Nominating and   Chairman of   Chairman of
Except Chairman   Chairman of Audit   Governance   Compensation   Strategic Committee
$65,000 per year
payable quarterly
  $10,000 per year
payable quarterly 		  $5,000 per year
payable quarterly 		  $5,000 per year
payable quarterly 		  N/A
Meeting fees and international travel fees are discontinued.
Initial Share award for new directors: Equity award shall be granted to new directors with a total equity value equal to the amount of the annual cash retainer then in effect.
Annual Share award: to be determined from time to time by the Board of Directors for award, concurrent with the annual shareholders’ meeting, for all non-management directors.