Exhibit 10.29

CASH COMPENSATION INFORMATION FOR NON-EMPLOYEE DIRECTORS

Exelixis, Inc.

Cash Compensation for Non-Employee Directors

Board of Directors	Retainer Fee		$50,000
	Additional Chair Retainer Fee		$31,000
	Meeting Fee12		$2,500
Audit Committee	Retainer Fee		$12,000
	Additional Chair Retainer Fee		$13,000
	Meeting Fee13		$1,000
Compensation Committee	Retainer Fee		$10,000
	Additional Chair Retainer Fee		$10,000
	Meeting Fee13		$1,000
Nominating and Corporate Governance Committee	Retainer Fee		$5,000
	Additional Chair Retainer Fee		$10,000
	Meeting Fee14		$1,000
Research & Development Committee	Retainer Fee		$5,000
	Additional Chair Retainer Fee		$10,000
	Meeting Fee14		$1,000
Risk Committee	Retainer Fee		$5,000
	Additional Chair Retainer Fee		$10,000
	Meeting Fee14		$1,000

¹  Meetings for which minutes are generated count toward the meeting threshold to determine when Meeting Fees are to be paid.

²  Meeting Fee paid for all meetings in excess of eight meetings.

³  Meeting Fee paid for all meetings in excess of seven meetings.

⁴  Meeting Fee paid for all meetings in excess of four meetings.