EX-10.9 2 ex109directorscomp2018.htm EXHIBIT 10.9 SUMMARY OF NON-MANAGEMENT DIRECTOR COMPENSATION
Exhibit 10.9
SUMMARY OF NON-MANAGEMENT DIRECTOR COMPENSATION
As of January 1, 2019

Function |  | Amount Paid |  | Form of Payment
Annual Stock Retainer |  | $85,000 annually |  | Payable in quarterly increments in shares of company common stock at its fair market value
Annual Cash Retainer |  | $60,000 annually |  | Payable in cash in quarterly increments
Audit Committee Members Meeting Fee |  | $15,000 annually |  | Payable in cash in quarterly increments
Audit Committee Chair Meeting Fee |  | $30,000 annually |  | Payable in cash in quarterly increments
Compensation Committee Members Meeting Fee |  | $10,000 annually |  | Payable in cash in quarterly increments
Compensation Committee Chair Meeting Fee |  | $20,000 annually |  | Payable in cash in quarterly increments
Nominating & Governance Committee Members Meeting Fee |  | $10,000 annually |  | Payable in cash in quarterly increments
Nominating & Governance Committee Chair Meeting Fee |  | $15,000 annually |  | Payable in cash in quarterly increments
Independent Chairman of the Board |  | $75,000 annually |  | Payable in cash in quarterly increments