Werner Enterprises, Inc. Non-Employee Director Compensation Policy (Effective Q4 2007)

Summary

Werner Enterprises, Inc. has updated its compensation policy for non-employee directors, effective in the fourth quarter of 2007. Non-employee directors now receive an annual retainer of $15,000, with an additional $5,000 for the Compensation Committee chair and $10,000 for the Audit Committee chair. Directors also earn $2,000 for each board or committee meeting attended (if not on a board meeting day) and are reimbursed for travel expenses related to these meetings.

EX-10.1 2 wernexh103q07.txt WERNER ENTERPRISES, INC. EXHIBIT 10.1 9/30/07 EXHIBIT 10.1 WERNER ENTERPRISES, INC. NON-EMPLOYEE DIRECTOR COMPENSATION On August 14, 2007, the registrant's Compensation Committee approved an increase to the annual retainer for its non-employee directors from $10,000 to $15,000, and an additional $5,000 annual retainer for the Compensation Committee chair. The Audit Committee chair will continue to receive a $10,000 annual retainer. The changes became effective for fourth quarter 2007. In addition to the annual retainers, non-employee directors will continue to receive a fee of $2,000 for each meeting of the Board of Directors and for each committee meeting not held on a day on which a meeting of the Board of Directors is held. Directors will also continue to be reimbursed for travel expenses incurred to attend meetings of the Board of Directors and committee meetings.