Exhibit 10(ae) INVACARE CORPORATION BOARD OF DIRECTORS COMPENSATION Retainer Fee $30,000 Regular Meeting Fees $2,000 Committee Meeting Fees Member - $1,500 Chair - $2,000 Telephonic Meetings 50% for interim conference calls that are conducted between scheduled meetings Stock Components Option grant of 2,000 shares Non-Employee Director Non-employee directors may elect to defer all or a Elective Stock Option portion of their director fees into discounted Program stock options.