Attached files
| file | filename |
|---|---|
| EX-10.4 - EX-10.4 - BARRETT BUSINESS SERVICES INC | bbsi-ex104_165.htm |
| EX-32 - EX-32 - BARRETT BUSINESS SERVICES INC | bbsi-ex32_6.htm |
| EX-31.2 - EX-31.2 - BARRETT BUSINESS SERVICES INC | bbsi-ex312_8.htm |
| EX-31.1 - EX-31.1 - BARRETT BUSINESS SERVICES INC | bbsi-ex311_9.htm |
| EX-10.8 - EX-10.8 - BARRETT BUSINESS SERVICES INC | bbsi-ex108_210.htm |
| EX-10.6 - EX-10.6 - BARRETT BUSINESS SERVICES INC | bbsi-ex106_209.htm |
| EX-10.5 - EX-10.5 - BARRETT BUSINESS SERVICES INC | bbsi-ex105_208.htm |
| EX-10.3 - EX-10.3 - BARRETT BUSINESS SERVICES INC | bbsi-ex103_164.htm |
| EX-10.2 - EX-10.2 - BARRETT BUSINESS SERVICES INC | bbsi-ex102_163.htm |
| EX-10.1 - EX-10.1 - BARRETT BUSINESS SERVICES INC | bbsi-ex101_162.htm |
| EX-4.2 - EX-4.2 - BARRETT BUSINESS SERVICES INC | bbsi-ex42_161.htm |
| EX-4.1 - EX-4.1 - BARRETT BUSINESS SERVICES INC | bbsi-ex41_160.htm |
| 10-Q - 10-Q - BARRETT BUSINESS SERVICES INC | bbsi-10q_20170630.htm |
EXHIBIT 10.7
BARRETT BUSINESS SERVICES, INC.
SUMMARY OF COMPENSATION ARRANGEMENTS
FOR NON-EMPLOYEE DIRECTORS
Effective July 1, 2017, compensation arrangements for non-employee directors of Barrett Business Services, Inc. (the "Company") include an annual retainer of $60,000 ($100,000 for the Chairman of the Board) payable in cash in monthly installments. Committee chairs receive an annual cash retainer, payable in monthly installments, as follows: chair of Audit and Compliance Committee, $15,000; chair of Compensation Committee, $10,000; chair of Risk Management Committee, $10,000; and chair of Corporate Governance and Nominating Committee, $7,500. Committee members receive an annual cash retainer, payable in monthly installments, as follows: Audit and Compliance Committee, $7,500; Compensation Committee, $5,000; Risk Management Committee, $5,000; and Corporate Governance and Nominating Committee, $3,750.
In addition, each non-employee director as of July 1, 2017, received an award of restricted stock units (“RSUs”) under the Company's 2015 Stock Incentive Plan. The RSU awards had a grant date fair value of approximately $62,500 (based on the closing sale price of BBSI common stock on June 30, 2017, of $57.29). Two new directors appointed by the Board since July 1, 2016, received additional RSUs with a grant date fair value on July 1, 2017, as follows: Thomas B. Cusick, $36,000; and Vincent P. Price, $25,000. The 2017 RSU awards will vest in three equal annual installments.