Summary of Director Compensation for United American Healthcare Corporation Non-Employee Directors
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Summary
This document outlines the compensation program for non-employee directors of United American Healthcare Corporation. Non-employee directors receive cash fees for attending board and committee meetings, annual cash and stock-based fees, and additional annual chair fees for leading specific committees. Employee directors do not receive extra compensation for board service. All directors are reimbursed for reasonable expenses related to their board duties. Payments are made either annually or quarterly, depending on the fee type.
EX-10.1 3 k49596exv10w1.htm EX-10.1 exv10w1
Exhibit 10.1
Summary of Director Compensation
The following sets forth the compensation program for non-employee directors of United American Healthcare Corporation. Annual chair fees are paid annually at the end of each calendar year. Annual board fees are paid on a quarterly basis. Directors who are employees of the Company do not receive any additional compensation for Board service. All directors are reimbursed for expenses reasonably incurred in connection with Board service.
Board/Committee meeting fees (cash): | $ | 500 | per meeting | |
Annual Chair fees (cash): | ||||
Non Executive Chairman of the Board | $ | 16,200 | ||
Finance and Audit Committee-Chair | $ | 3,000 | ||
Compensation Committee-Chair | $ | 2,000 | ||
Governance Committee-Chair | $ | 1,500 | ||
Annual fees: | ||||
Cash | $ | 9,000 | ||
Stock (cash value) | $ | 9,000 |
