Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - GENUINE PARTS CO | c18778exv32w2.htm |
EX-32.1 - EXHIBIT 32.1 - GENUINE PARTS CO | c18778exv32w1.htm |
EX-31.2 - EXHIBIT 31.2 - GENUINE PARTS CO | c18778exv31w2.htm |
EX-31.1 - EXHIBIT 31.1 - GENUINE PARTS CO | c18778exv31w1.htm |
EXCEL - IDEA: XBRL DOCUMENT - GENUINE PARTS CO | Financial_Report.xls |
10-Q - FORM 10-Q - GENUINE PARTS CO | c18778e10vq.htm |
EXHIBIT 10.11
Description of Director Compensation
Effective July 1, 2011, non-employee directors of the Company receive $12,500 per fiscal quarter in
compensation for service as director, plus $1,250 per board and committee meeting attended, except
the Chairs of the Audit Committee and the Compensation, Nominating and Governance Committee each
receive $13,750 per fiscal quarter and $1,250 per board and committee meeting attended.
Non-employee directors may elect to defer the receipt of meeting and/or director fees in accordance
with the terms of the Companys Directors Deferred Compensation Plan. In addition, non-employee
directors may from time to time be granted restricted stock units pursuant to the provisions of the
Genuine Parts Company 2006 Long Term Incentive Plan. The compensation of directors may be changed
from time to time by the Board of Directors without stockholder approval.