Attached files

file filename
EX-32.1 - EX-32.1 - VERTEX PHARMACEUTICALS INC / MAa10k_2020-exhibit321.htm
EX-31.2 - EX-31.2 - VERTEX PHARMACEUTICALS INC / MAa10k_2020-exhibit312.htm
EX-31.1 - EX-31.1 - VERTEX PHARMACEUTICALS INC / MAa10k_2020-exhibit311.htm
EX-23.1 - EX-23.1 - VERTEX PHARMACEUTICALS INC / MAa10k_2020-exhibit231.htm
EX-21.1 - EX-21.1 - VERTEX PHARMACEUTICALS INC / MAa10k_2020-exhibit211.htm
EX-10.10 - EX-10.10 - VERTEX PHARMACEUTICALS INC / MAa10k_2020-exhibit1010.htm
EX-10.6 - EX-10.6 - VERTEX PHARMACEUTICALS INC / MAa10k_2020-exhibit106.htm
10-K - 10-K - VERTEX PHARMACEUTICALS INC / MAvrtx-20201231.htm
Exhibit 10.41


Vertex Pharmaceuticals Incorporated Annual Non-Employee Board Compensation
Annual Retainer
$100,000
Committee Chair Compensation
Audit & Finance Committee Chair
$30,000 annual retainer
Management Development & Compensation Committee Chair
$25,000 annual retainer
Corporate Governance & Nominating Committee Chair
$20,000 annual retainer
Science & Technology Committee Chair
$20,000 annual retainer
Committee Membership Fee (Non-Chairs)
Audit & Finance Committee Member
$15,000 annual retainer
Management Development & Compensation Committee Member
$12,500 annual retainer
Corporate Governance & Nominating Committee Member
$10,000 annual retainer
Science & Technology Committee Member
$10,000 annual retainer
Lead Independent Director Compensation
$40,000 annual retainer
Annual Equity Grants
Annually on May 1, $400,000 in value-based awards, comprised at the director's election of restricted stock units and/or options
Options are fully vested upon grant
Restricted stock units cliff vest on the 1 year anniversary of the grant date
Initial Equity Grants
On date director joins the board of directors, a $400,000 restricted stock unit award that vests on the first anniversary of the grant date.
Each of our non-employee directors is eligible to defer the cash and restricted stock portion of his/her compensation set forth above and elect to receive deferred stock units that convert to common stock in specified circumstances.