TRUE RELIGION APPAREL, INC. BOARD OF DIRECTORS COMPENSATION
EX-10.11 2 a2207587zex-10_11.htm EX-10.11
Exhibit 10.11
TRUE RELIGION APPAREL, INC.
BOARD OF DIRECTORS COMPENSATION
The following table sets forth the Company’s current compensation arrangements with its non-employee directors.
| Annual Retainer: |
| $25,000 per calendar quarter ($100,000 annually) |
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| Committee Chairs: |
| Board Lead Director — Annual Retainer of $100,000 |
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| Restricted Stock Grant: |
| Annual grant of restricted shares with an aggregate market value of $135,000 on the date of grant, to vest in three equal annual installments on the anniversary of the grant date. |
