Attached files
| file | filename |
|---|---|
| 10-K - 2009 10K - COMPASS MINERALS INTERNATIONAL INC | tenk2009.htm |
| EX-23.1 - EY CONSENT - COMPASS MINERALS INTERNATIONAL INC | eyconsent.htm |
| EX-31.2 - CFO 302 CERTIFICATION - COMPASS MINERALS INTERNATIONAL INC | cfo302cert.htm |
| EX-31.1 - CEO 302 CERTIFICATION - COMPASS MINERALS INTERNATIONAL INC | ceo302cert.htm |
| EX-12.1 - FIXED CHARGE CALCULATION - COMPASS MINERALS INTERNATIONAL INC | fixedchargecalc.htm |
| EX-32 - SECTION 1350 CERTIFICATION - COMPASS MINERALS INTERNATIONAL INC | section1350cert.htm |
| EX-21.1 - SUBSIDIARY LISTING - COMPASS MINERALS INTERNATIONAL INC | subsidiarylistingexhibit.htm |
| EX-10.30 - LISTING OF PARTIES TO CHANGE IN CONTROL AGREEMENT - COMPASS MINERALS INTERNATIONAL INC | listofchangeincontrolexhibit.htm |
Exhibit
10.14
Summary
of Non-Employee Director Compensation Program
Effective
January 1, 2010 the following compensation program applies to non-employee
directors of Compass Minerals International, Inc.:
|
1)
|
Each
non-employee director will receive an annual cash retainer of $50,000 per
year, which amount may be received either in cash or deferred at the
election of the director;
|
|
2)
|
Each
non-employee director will receive an equity award of $67,000 per year,
which amount may be deferred or taken in shares of stock of the
Company;
|
|
3)
|
Additional
annual retainer compensation for the chair of the Audit Committee in the
amount of $15,000 per year and for the chairs of the Compensation,
Nominating/Corporate Governance and Environmental, Health and Safety
Committees in the amount of $7,500 per
year;
|
|
4)
|
Additional
annual retainer compensation for the Lead Independent Director in the
amount of $20,000 per year;
|
|
5)
|
Additional
amounts for Committee chairs and the Lead Independent Director may be
received either in cash or deferred at the election of the
director;
|
|
6)
|
Any
amounts deferred by a director will be made pursuant to an Independent
Director Deferred Stock Award Agreement and will be converted into units
equivalent to the value of the Company’s common stock. All
deferred amounts will be paid at the time the director ceases to be a
member of the Board or any earlier date elected by the director;
and
|
|
7)
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Each
non-employee member of the Board of Directors is required to obtain
ownership in Company stock (or its equivalent) equal to five times the
annual cash retainer, which amount is to be achieved within five years of
joining the Board, and maintain at least five times the annual cash
retainer in stock ownership (or its equivalent) while on the
Board.
|