- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
Exhibit 10.50
Vertex Pharmaceuticals Non-Employee Board Compensation
Annual Retainer: | $25,000 |
|
|
Board Meeting Fees |
|
In-Person Board Meetings | $2,500 |
Telephonic Board Meetings | $1,250 (none for meetings called for less than 30 minutes) |
|
|
Committee Meeting Fees |
|
In-Person on Regular Board Meeting Day | $500 |
In-Person Meeting held on Day other than regular | $1,000 |
Board Meeting Day |
|
Telephone Meeting | $375 |
|
|
Committee Chair Compensation |
|
|
|
Audit & Finance Chair | $20,000 annual retainer |
|
|
Corporate Governance & Nominating | $20,000 annual retainer |
Committee Chair |
|
|
|
Management Development & Compensation Committee | $14,000 annual retainer |
Chair |
|
|
|
Equity Grants | Upon first election to the Board, 30,000 options, vesting quarterly over four years; and |
| On June 1 of each year in service, 20,000 fully vested options |
| On June 1 of each year, 2,500 fully vested options for the Chairman of the Board, if independent, or the Lead Independent Director. |