Summary of Universal Electronics Inc. 2013 Director Compensation Non-Employee Directors Board Retainer Fee (annual)$35,000 Share Award (annual)5,000 Shares (1)Committee Chair Fee (annual)$10,000 BOD Meeting Fees$1,875 (2)Committee Meeting Fees$1,500
EX-10.34 2 ueic-12312013xex1034.htm EXHIBIT 10.34 UEIC-12.31.2013-Ex 10.34
Exhibit 10.34
Summary of Universal Electronics Inc. 2013 Director Compensation
Non-Employee Directors
Board Retainer Fee (annual) | $ | 35,000 | |||
Share Award (annual) | 5,000 Shares | (1) | |||
Committee Chair Fee (annual) | $ | 10,000 | |||
BOD Meeting Fees | $ | 1,875 | (2) | ||
Committee Meeting Fees | $ | 1,500 | |||
(1) The Share Award vests quarterly in arrears for the year July 1st through June 30th.
(2) The BOD Meeting Fee is paid to each Non-Employee Director for each Board of Directors’ meeting attended in excess of 4 meetings during the period July 1st through June 30th.
Other Information
The Company reimburses directors for travel expenses and other out-of-pocket costs they incur when attending meetings.
Employee Directors
Officers of the Company are not paid for their service as directors.
