Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - LOCKHEED MARTIN CORP | d949907d8k.htm |
| EX-99.1 - EXHIBIT 99.1 - LOCKHEED MARTIN CORP | d949907dex991.htm |
Exhibit 10.1
Annual Directors’ Compensation Summary (Non-Employee Directors)
| Annual Cash Retainer | $130,000 per year through June 30, 2015; $145,000 per year effective July 1, 2015 | |
| Annual Equity Retainer |
$130,000 for 2015, $145,000 effective January 1, 2016, payable under the Lockheed Martin Corporation 2009 Directors Equity Plan | |
| Audit Committee Chairman Fees | $25,000 | |
| Management Development and Compensation Committee Chairman Fees |
$20,000 | |
| Other Committee Chairman Fees | $15,000 | |
| Lead Director Fees | $25,000 | |
| Deferred Compensation Plan | Deferral plan for cash retainer | |
| Stock Ownership Guidelines | Ownership in common stock or stock units with a value equivalent to five times the annual cash retainer within five years of joining the Board | |
| Travel Accident Insurance | $1,000,000 | |
| Director Education | Reimbursed for costs and expenses |