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 compensation, and additional annual cash fees for serving as chairs of specific committees. Employee directors do not receive extra compensation for board service. All directors are reimbursed for reasonable expenses related to their board duties.
EX-10.1 2 k48349exv10w1.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. 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): | $ | 1,000 | per meeting | |
Annual Chair fees (cash): | ||||
Non-Executive Chairman of Board | $ | 32,000 | ||
Finance and Audit Committee-Chair | $ | 6,000 | ||
Compensation Committee-Chair | $ | 4,000 | ||
Governance Committee-Chair | $ | 3,000 | ||
Annual fees paid to non-executive Board members: | ||||
Cash | $ | 18,000 | ||
Stock (cash value) | $ | 18,000 |
