EXHIBIT 10.1
TravelCenters of America LLC
Summary of Director Compensation
Annual Retainer for Independent Directors: |
| $35,000 |
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Meeting Fees for Independent Directors: |
| $1,000 per day per board or committee meeting, with a maximum fee of $2,000 for any one day with multiple board and committee meetings |
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Share Grants for all Directors: |
| 7,500 annually to be granted on the day of the first board meeting following the Annual Meeting of Shareholders (or, for Directors who are first elected or appointed at other times, on the day of the first board meeting attended) |
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Chair of the Audit Committee: |
| $17,500 per year |
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Chair of the Nominating and Governance Committee: |
| $7,500 per year |
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Chair of the Compensation Committee: |
| $7,500 per year |
The Company generally reimburses all Directors for travel expenses incurred in connection with their duties as Directors and for out of pocket costs incurred from their attending certain continuing education programs.