Attached files
file | filename |
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10-Q - 10-Q - Noble Corp | ne-20210331.htm |
EX-32.4 - EX-32.4 - Noble Corp | exhibit324-richardbarkerce.htm |
EX-32.3 - EX-32.3 - Noble Corp | exhibit323-richardbarkerce.htm |
EX-32.2 - EX-32.2 - Noble Corp | exhibit322-roberteiflercer.htm |
EX-32.1 - EX-32.1 - Noble Corp | exhibit321-roberteiflercer.htm |
EX-31.4 - EX-31.4 - Noble Corp | exhibit314-richardbarkerce.htm |
EX-31.3 - EX-31.3 - Noble Corp | exhibit313-richardbarkerce.htm |
EX-31.2 - EX-31.2 - Noble Corp | exhibit312-roberteiflercer.htm |
EX-31.1 - EX-31.1 - Noble Corp | exhibit311-roberteiflercer.htm |
EX-10.20 - EX-10.20 - Noble Corp | exhibit1020-noble2021emerg.htm |
EX-10.19 - EX-10.19 - Noble Corp | exhibit1019-noble2021pvrsu.htm |
EX-10.18 - EX-10.18 - Noble Corp | exhibit1018-noble2021pvrsu.htm |
EX-10.17 - EX-10.17 - Noble Corp | exhibit1017-noble2021tvrsu.htm |
EX-10.16 - EX-10.16 - Noble Corp | exhibit1016-noble2021tvrsu.htm |
Exhibit 10.22
Noble Corporation
Summary of Director Compensation
Annual Retainer. Noble Corporation, an exempted company incorporated in the Cayman Islands with limited liability (the “Company”), pays its non-executive board chairman an annual retainer of $150,000, and each of its non-employee directors an annual retainer of $100,000, paid quarterly in advance.
Committee Fees. The chair of the audit committee receives an annual retainer of $30,000, and the chair of each other standing Board committee receives an annual retainer of $20,000. Each committee member receives an annual retainer of $10,000.
Equity Compensation. Non-executive directors receive an annual award of restricted share units valued at $230,000 for the chairman, and $180,000 for the other non-executive directors, in each case vesting after one year. For 2021, in lieu of the annual grant, the Board members received a one-time grant of restricted share units valued at $370,000 for the chairman, and $320,000 for the other non-executive directors, in each case vesting one-third per year over a three-year period. Director awards vest 60% in shares and 40% in cash, unless the director elects to defer settlement until three months after a separation in service, in which case the awards settle 100% in shares.