EX-10.2 3 wts-20220327xex10d2.htm EX-10.2

Exhibit 10.2

WATTS WATER TECHNOLOGIES, INC.

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Non-Employee Director Compensation

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The annual compensation payable by Watts Water Technologies, Inc. to non-employee Directors as determined by the Board of Directors of the Corporation on May 2, 2022 is as follows:

| ● | $85,000 annual cash retainer;

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| ● | Annual grant of Class A common stock with a fair market value on the date of grant equal to $130,000;

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| ● | The Lead Independent Director of the Board shall receive an additional annual cash retainer of $25,000;

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| ● | The Chairperson of the Audit Committee shall receive an additional annual cash retainer of $20,000;

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| ● | The Chairperson of the Compensation Committee shall receive an additional annual cash retainer of $15,000;

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| ● | The Chairperson of the and the Nominating and Corporate Governance Committee shall receive an additional annual cash retainer of $12,500; and

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

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