Attached files
file | filename |
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EX-10.53 - EXHIBIT 10.53 - KENNAMETAL INC | kmt630201810kex1053.htm |
10-K - 10-K - KENNAMETAL INC | kmt630201810k.htm |
EX-32.1 - EXHIBIT 32.1 - KENNAMETAL INC | kmt630201810kex321.htm |
EX-31.2 - EXHIBIT 31.2 - KENNAMETAL INC | kmt630201810kex312.htm |
EX-31.1 - EXHIBIT 31.1 - KENNAMETAL INC | kmt630201810kex311.htm |
EX-23 - EXHIBIT 23 - KENNAMETAL INC | kmt630201810kex23.htm |
EX-21 - EXHIBIT 21 - KENNAMETAL INC | kmt630201810kex21.htm |
EX-10.61 - EXHIBIT 10.61 - KENNAMETAL INC | kmt630201810kex1061.htm |
EX-10.60 - EXHIBIT 10.60 - KENNAMETAL INC | kmt630201810kex1060.htm |
EX-10.16 - EXHIBIT 10.16 - KENNAMETAL INC | kmt630201810kex1016.htm |
EX-10.6 - EXHIBIT 10.6 - KENNAMETAL INC | kmt630201810kex106.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.