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- 10-Q Quarterly report
- 10.1 Compensation Arrangements with Outside Directors
- 10.2 Supplemental Agreement No. 2
- 12.1 Computation of Ratio of Earnings to Fixed Charges
- 15.1 Letter Re: Unaudited Interim Financial Statements
- 31.1 Certification of Principal Executive Officer
- 31.2 Certification of Principal Financial Officer
- 32.1 Certification of Principal Executive Officer
- 32.2 Certification of Principal Financial Officer
Exhibit 10.1
Compensation Arrangements with Outside Directors
In September 2012, the Board of Directors and its Compensation Committee conducted their annual review of non-management (outside) director compensation and approved no change in the quarterly retainer, meeting fees or committee chairperson fees. Accordingly, outside directors continue to be paid:
• | a quarterly retainer of $20,000; |
• | $2,000 for each in-person Board meeting attended; and |
• | $2,000 for each in-person committee meeting attended. |
Directors who attend a Board or committee meeting telephonically are paid 75% of the applicable in-person meeting fee.
Chairpersons of the Compensation, Nominating & Governance and Information Technology Oversight Committees are paid an additional annual fee of $13,500. The Audit Committee chairperson is paid an additional annual fee of $22,500. In addition, each outside director who was elected at FedEx’s 2012 annual meeting received a stock option for 4,720 shares of FedEx common stock.