Revision to Compensation Program for Non-Employee Directors
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.D 2 dex10d.htm REVISIONS TO COMPENSATION PROGRAM FOR NON-EMPLOYEE DIRECTORS OF UNITED RENTALS Revisions to Compensation Program for Non-Employee Directors of United Rentals
Exhibit 10(d)
Revision to Compensation Program for Non-Employee Directors
Below is a summary written description of material changes to the terms of the compensation program for non-employee directors. The compensation program is not set forth in a formal document.
Annual Board Retainer. The annual cash retainer will be increased from $55,000 to $60,000.
Annual Equity Grant. Directors will receive $60,000, increased from $45,000, in fully vested RSUs, to generally be paid after three years.
