Exhibit 10.1
United Stationers Inc. Summary of Board of Directors Compensation
Following is a summary of the forms and levels of compensation to be provided to Directors effective Sept 1, 2005.
Director Compensation Component |
| Amount |
|
|
|
Annual Retainer |
| $60,000 annual rate |
|
|
|
Board Meeting Fees |
|
|
Ÿ In person |
| $4,000 per meeting |
Ÿ Telephonic |
| $1,000 per meeting |
|
|
|
Committee Meeting Fees |
|
|
Ÿ Held in connection with a Board meeting |
|
|
• All Telephonic meetings |
|
|
|
|
|
- Audit Committee Chairman |
| $2,500 per meeting |
- Other Committee Chairmen |
| $1,000 per meeting |
- Other non-employee directors |
| $500 per meeting |
|
|
|
Ÿ In-person meeting not held in connection with a Board meeting |
|
|
|
|
|
- Audit Committee Chairman |
| $2,500 per meeting |
- Other Committee Chairmen |
| $1,500 per meeting |
- Other non-employee directors |
| $1,000 per meeting |
|
|
|
Equity Compensation |
|
|
Ÿ Chairman of the Board |
| Approximately $85,000 |
Ÿ Other non-employee directors |
| Approximately $75,000 |
|
|
|
Reimbursement |
| Reasonable travel-related expenses |