Attached files
| file | filename |
|---|---|
| 8-K - 8-K - COMPASS MINERALS INTERNATIONAL INC | cmp-20170202x8k.htm |
| EX-10.2 - EXHIBIT 10.2 - COMPASS MINERALS INTERNATIONAL INC | cmp-20170202xex102.htm |
| EX-99.1 - EXHIBIT 99.1 - COMPASS MINERALS INTERNATIONAL INC | cmp-20170202xex991.htm |
 | Exhibit 10.1 |
Summary of Non-Employee Director Compensation
As of January 1, 2017
The following compensation will be provided to non-employee members of the Board of Directors (the “Board”) of Compass Minerals International, Inc. (the “Company”) pursuant to the Company’s Non-Employee Director Compensation Policy.
A. | Cash Compensation |
1. | Annual Retainer. Each non-employee director will receive a $75,000 annual cash retainer for service on the Board. |
2. | Committee Service Fee. In addition, each non-employee director serving as a chair or member of any of the following Board committees will receive an annual cash fee for committee service, as follows: |
Committee | Chair | Members | ||||
Audit Committee | $22,500 | $10,000 | ||||
Compensation Committee | $15,000 | $7,500 | ||||
Nominating/Corporate Governance Committee | $12,500 | $5,000 | ||||
Environmental, Health & Safety Committee | $12,500 | $5,000 | ||||
3. | Lead Independent Director. In addition, the Lead Independent Director of the Board will receive an annual cash fee of $25,000 for services as Lead Independent Director. |
B. | Equity Compensation. Each non-employee director will receive an equity award with an annual equity award value of $85,000 for service on the Board. |