EX-10.18.14 5 odfl-ex101814_265.htm EXHIBIT 10.18.14

Exhibit 10.18.14

OLD DOMINION FREIGHT LINE, INC.

NON-EMPLOYEE DIRECTOR COMPENSATION STRUCTURE

EFFECTIVE AS OF THE 2020 ANNUAL MEETING OF SHAREHOLDERS

|  | Annual Cash |  |  | Annual Restricted
Director Role |  | Retainer |  |  | Stock Grant Amount
Member (all non-employee directors) |  | $ | 90,000 |  |  |  | $ | 135,000 |
Lead Independent Director |  | 25,000 |  | (1) |  |  | — |
Audit Committee Chair |  | 25,000 |  | (1) |  |  | — |
Compensation Committee Chair |  | 15,000 |  | (1) |  |  | — |
Governance and Nomination Committee Chair |  | 12,500 |  | (1) |  |  | — |

1) Each non-employee Chair of a Board Committee and the Lead Independent Director receives this annual retainer in addition to the $90,000 annual cash retainer paid to all non-employee directors.