EX-10.12 4 powiex101212-31x2019.htm EXHIBIT 10.12
Exhibit 10.12
Cash Compensation of Outside Directors
Cash Compensation of Non-Employee Directors is as follows:
Annual Retainer: $45,000
Additional Annual Retainer for Chairman of the Board: $30,000
Additional Annual Retainer for Audit Committee members:

Chairman: | $20,000 |
Other members: | $10,000 |

Additional Annual Retainer for Compensation Committee members:

Chairman: | $15,000 |
Other members: | $8,000 |

Additional Annual Retainer for Nominating and Governance Committee members:

Chairman: | $10,000 |
Other members: | $5,000 |

Fees are paid quarterly in arrears. There are no per meeting fees.