Attached files
| file | filename |
|---|---|
| 10-K - 10-K - RPT Realty | rpt-12312017_10k.htm |
| EX-32.2 - EXHIBIT 32.2 - RPT Realty | rpt-12312017_ex322.htm |
| EX-32.1 - EXHIBIT 32.1 - RPT Realty | rpt-12312017_ex321.htm |
| EX-31.2 - EXHIBIT 31.2 - RPT Realty | rpt-12312017_ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - RPT Realty | rpt-12312017_ex311.htm |
| EX-23.1 - EXHIBIT 23.1 - RPT Realty | rpt-12312017_ex231.htm |
| EX-21.1 - EXHIBIT 21.1 - RPT Realty | rpt-12312017_ex211.htm |
| EX-12.1 - EXHIBIT 12.1 - RPT Realty | rpt-12312017_ex121.htm |
| EX-10.1 - EXHIBIT 10.1 - RPT Realty | rpt-12312017_ex101.htm |
Exhibit 10.8
SUMMARY OF COMPENSATION FOR | ||||
THE BOARD OF TRUSTEES OF | ||||
RAMCO-GERSHENSON PROPERTIES TRUST | ||||
The following table sets forth the compensation program for non-employee Trustees: | ||||
Annual cash retainer (1) | $ | 40,000 | ||
Additional cash retainer: | ||||
Chairman | 100,000 | |||
Audit Committee chair | 15,000 | |||
Compensation Committee chair | 10,000 | |||
Nominating and Governance Committee chair | 10,000 | |||
Executive Committee chair | 5,000 | |||
Executive Committee members | — | |||
Annual equity retainer (value of restricted shares) (2) | 90,000 | |||
(1) | The annual cash retainer is equal to $130,000 less the grant date fair value, which approximates $90,000, of the restricted shares granted in the applicable year. |
(2) | Grants are made under the Trust's 2012 LTIP. The restricted shares vest over one year. The grant is made on July 1st or, if not a business day, the business day prior to July 1st. During 2017, 5,814 shares were granted to each Trustee that was in service as of the July 1st date. |
The Trust also reimburses all Trustees for all expenses incurred in connection with attending any meetings or performing their duties as Trustees.