EX-10.1 2 glt-ex101_31.htm EX-10.1

EXHIBIT 10.1

P. H. Glatfelter Company

Summary of Non-Employee Director Compensation
(effective May 4, 2017)

Feature | Frequency |  | Amount
Board Retainer | Annually |  | $70,000
Equity | Annually |  | 115,000(1)
Meeting fees |  |  | ‑ (2)
Committee Chairperson retainer |  |  |
Audit Committee | Annually |  | 20,000
Compensation Committee | Annually |  | 15,000
Nominating & Corporate Governance Committee | Annually |  | 10,000
Finance Committee | Annually |  | 10,000

| (1) | Value of Restricted stock units with a one-year cliff vesting. The awards accrue dividends until the award vests.

| (2) | Each director is entitled to $1,500 per meeting of the Board of Directors attended in excess of eight (8) meetings in a calendar year.