Attached files
file | filename |
---|---|
EX-32 - EX-32 - BARRETT BUSINESS SERVICES INC | bbsi-ex32_8.htm |
EX-31.2 - EX-31.2 - BARRETT BUSINESS SERVICES INC | bbsi-ex312_9.htm |
EX-31.1 - EX-31.1 - BARRETT BUSINESS SERVICES INC | bbsi-ex311_10.htm |
EX-10.3 - EX-10.3 - BARRETT BUSINESS SERVICES INC | bbsi-ex103_60.htm |
EX-10.2 - EX-10.2 - BARRETT BUSINESS SERVICES INC | bbsi-ex102_63.htm |
EX-10.1 - EX-10.1 - BARRETT BUSINESS SERVICES INC | bbsi-ex101_62.htm |
10-Q - 10-Q - BARRETT BUSINESS SERVICES INC | bbsi-10q_20200930.htm |
EXHIBIT 10.4
BARRETT BUSINESS SERVICES, INC.
SUMMARY OF COMPENSATION ARRANGEMENTS
FOR NON-EMPLOYEE DIRECTORS
As of July 1, 2020, compensation arrangements for non-employee directors of Barrett Business Services, Inc. (the "Company"), continue to 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, $10,000. 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, $5,000.
In addition, each non-employee director as of July 1, 2020, received an award of restricted stock units ("RSUs") under the Company's 2020 Stock Incentive Plan. The RSU awards had a grant date fair value of approximately $75,000 (based on the closing sale price of BBSI common stock on July 1, 2020, of $51.45). The 2020 RSU awards will vest in full on July 1, 2021.