Attached files
| file | filename |
|---|---|
| EX-10.30 - EXHIBIT 10.30 - Primo Water Corp | c14787exv10w30.htm |
| EX-32.1 - EXHIBIT 32.1 - Primo Water Corp | c14787exv32w1.htm |
| EX-21.1 - EXHIBIT 21.1 - Primo Water Corp | c14787exv21w1.htm |
| EX-31.2 - EXHIBIT 31.2 - Primo Water Corp | c14787exv31w2.htm |
| EX-31.1 - EXHIBIT 31.1 - Primo Water Corp | c14787exv31w1.htm |
| 10-K - FORM 10-K - Primo Water Corp | c14787e10vk.htm |
Exhibit 10.13
Primo Water Corporation
Non-Employee Director Compensation Policy
Non-Employee Director Compensation Policy
In general, director compensation will be approximately 50% Cash and 50% Equity. Cash retainers
will be paid, and equity grants will be made, on the first business day following the company’s
annual meeting of stockholders. Meeting fees will be paid within a reasonable period after the
applicable meeting date.
Cash Component — approximately $25,000 per year, depending on committee roles and meetings
attended:
Retainer:
|
$2.5K per year for non-committee chairs | |
| $5.0k per year for committee chairs | ||
Attendance:
|
$2.5k per meeting for in person regularly scheduled board meetings | |
| $1.0k for telephonic attendance | ||
| $1.0k for ad hoc scheduled telephonic special board meetings | ||
Committee Mtgs:
|
$1.0k per attendance each regularly scheduled committee mtg. | |
| $0.5k for each ad hoc committee mtg telephonic | ||
| Anticipated Meeting Schedule | ||
Audit:
|
4 times/year, prior to each board meeting | |
| 1 additional meeting for annual audit review with auditors | ||
Governance:
|
2 time/year, but initially meet prior to each board meeting for the first year | |
Compensation:
|
2 time/year | |
| Equity Component — $25,000 per year: | ||
| 50% Restricted Stock | ||
| 50% Stock Options (valued using Black Scholes) | ||
| Vesting after 1 year and 1 day | ||