Summary of Non-Employee Director Compensation for Whiting Petroleum Corporation
Exhibit 10.4
Director Compensation
Effective March 31, 2020, non-employee director compensation is paid in cash in quarterly installments in advance as follows:
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| Committee Service | ||||||||||
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| Nominating |
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| Board |
| Lead |
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| and |
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| Service |
| Director |
| Audit |
| Compensation |
| Governance |
| Sustainability | ||||||
| Annual retainer |
| $ | 250,000 |
| $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | — |
| Lead annual retainer |
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| — |
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| 35,000 |
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| — |
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| — |
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| — |
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| — |
| Committee chair annual retainer |
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| — |
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| — |
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| 50,000 |
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| 30,000 |
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| 30,000 |
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| 30,000 |
| Committee member annual retainer |
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| — |
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| — |
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| 10,000 |
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| 5,000 |
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| 5,000 |
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| 5,000 |
| Meeting fee* |
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| 1,500 |
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| — |
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| 1,500 |
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| 1,500 |
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| 1,500 |
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| 1,500 |
* For any Board or Committee meeting over 30 minutes in duration
