EX-10.14 2 a2213147zex-10_14.htm EX-10.14

Exhibit 10.14

WATTS WATER TECHNOLOGIES, INC.

Non-Employee Director Compensation

The annual compensation payable by Watts Water Technologies, Inc. to non-employee Directors as determined by the Board of Directors of the Corporation on July 31, 2012 is as follows:

· $60,000 annual retainer;

· Annual grant of stock with a fair market value on the date of grant equal to $90,000;

· The Chairman of the Board shall receive an additional annual retainer of $40,000;

· The Chairman of the Audit Committee shall receive an additional annual retainer of $17,500;

· The Chairman of the Compensation Committee shall receive an additional annual retainer of $12,500;

· The Chairman of the and the Nominating and Corporate Governance Committee shall receive an additional annual retainer of $5,000; and

· There shall be no additional compensation paid for participation in Board or committee meetings.