Exhibit 10.53
Non-Employee Director Compensation
The non-employee directors (the “non-employee directors”) of Envision Healthcare Corporation (the “Company”) are entitled to receive the following annual compensation for service on the Company’s Board of Directors and its committees:
|
| | | | | | |
| Director Compensation | | Board Service | | Committee Chair | | Committee Member |
| Annual Cash Retainer | | $90,000 | | | | |
| Audit Committee | | | | $35,000 | | $25,000 |
| Compensation Committee | | | | $35,000 | | $20,000 |
| Nominating Committee | | | | $25,000 | | $20,000 |
| Compliance & Quality Committee | | | | $25,000 | | $20,000 |
| Annual RSU Award | | $175,000 | | | | |
The Company's non-executive chairman is entitled to receive an annual retainer of $150,000, payable in cash or stock at his election.
The Company maintains a supplemental executive and director retirement savings plan pursuant to which non-employee directors may defer up to 100 percent of their cash director fees and make pre-tax contributions to an investment account established in their name. Non-employee directors may also elect to receive deferred stock units in lieu of annual cash retainers for board and committee service.
The Company also reimburses each non-employee director for his or her out-of-pocket expenses incurred in attending Board of Directors’ meetings and committee meetings.
