Attached files

file filename
EX-10.53 - EXHIBIT 10.53 - KENNAMETAL INCkmt630201810kex1053.htm
10-K - 10-K - KENNAMETAL INCkmt630201810k.htm
EX-32.1 - EXHIBIT 32.1 - KENNAMETAL INCkmt630201810kex321.htm
EX-31.2 - EXHIBIT 31.2 - KENNAMETAL INCkmt630201810kex312.htm
EX-31.1 - EXHIBIT 31.1 - KENNAMETAL INCkmt630201810kex311.htm
EX-23 - EXHIBIT 23 - KENNAMETAL INCkmt630201810kex23.htm
EX-21 - EXHIBIT 21 - KENNAMETAL INCkmt630201810kex21.htm
EX-10.61 - EXHIBIT 10.61 - KENNAMETAL INCkmt630201810kex1061.htm
EX-10.60 - EXHIBIT 10.60 - KENNAMETAL INCkmt630201810kex1060.htm
EX-10.16 - EXHIBIT 10.16 - KENNAMETAL INCkmt630201810kex1016.htm
EX-10.6 - EXHIBIT 10.6 - KENNAMETAL INCkmt630201810kex106.htm



Exhibit 10.12

Description of Compensation Payable to Non-Employee Directors
 
Prior Compensation as of July 1, 2016
New Compensation effective as of
July 1, 2018
Annual Board Retainer(1)
 
 
   All Non-Employee Directors
$80,000
$85,000
 
 
 
Annual Grant of Restricted Stock or Deferred Stock Credits(2)
 
 
   All Non-Employee Directors
$120,000
$125,000
 
 
 
Additional Annual Cash Retainers(1)
 
 
   Non-Executive Chairman of the Board
$100,000
$100,000
   Audit Committee Chair
$15,000
$15,000
   Compensation Committee Chair
$10,000
$12,000
   Nominating/Corporate Governance Committee Chair
$8,000
$10,000

(1) Directors’ fees are paid quarterly.
(2) For newly-elected Directors, the annual grant of Restricted Stock Units will be prorated dependent upon and subject to the time at which a Director is elected or appointed to the Board.