![]() ![]() A Director who, in the one year prior to his or her initial election to serve on the Board as a non-employee director, (i) first anniversary of the date of the annual shareholder meeting of the Company that most recently preceded such Directors start date and (ii) date of the next annual shareholder meeting of the Company, subject to theĭirectors Continuous Service (as defined in the Plan) through such vesting date. The restricted stock units will vest in full upon the earlier of the The Director will be automatically, and without further action by the Board, granted restricted stock units with an aggregate value equal to $400,000, prorated based on the number days between such Directors start date and the firstĪnniversary of the date of the annual shareholder meeting of the Company that most recently preceded such start date (the Initial Grant) provided, that if a Directors initial election to the Board occurs at anĪnnual shareholder meeting of the Company, such Director will receive only the Annual Grant (as defined below) for such annual shareholder meeting and not a separate Initial Grant. Initial Grant: On the date of any Directors initial appointment or election to the Board, Nominating & Corporate Governance Committee: $7,500īelow will be granted under the Horizon Therapeutics Public Limited Company 2014 Non-Employee Equity Plan, as may be amended from time to time (the Plan).ġ. Non-Executive Chairman of the Board/Lead Independent Director: $100,000Ĭhairman of the Compensation Committee: $20,000Ĭhairman of the Nominating & Corporate Governance Committee: $15,000Ĭhairman of the Transaction Committee: $20,000Īnnual Committee Member (non-Chair) Service Fee: All annual cash fees are vested upon payment. Quarter, each annual retainer/fee set forth below will be pro-rated based on days served in the applicable fiscal year, with the pro-rated amount paid for the firstįiscal quarter in which the Director provides the service, and regular full quarterly payments thereafter. If a Director joins the Board at a time other than effective as of the first day of a fiscal The determination of whether a member of the Board meets the requirements to be eligible to receive compensation asĪn eligible Director under this Policy will be determined as of the date such cash compensation is otherwise payable, or the date such equity compensation would be granted, as applicable.Īmount set forth below is payable in equal quarterly installments, payable in arrears on the last day of each fiscal quarter in which the service occurred. Director ) will receive the following compensation for his or her Board service. Is affiliated with any holder of more than 5% of the Companys ordinary shares or (2) any member serving as an employee of the Company or any of its subsidiaries (each such member, a Member of the Board of Directors (the Board ) of Horizon Therapeutics Public Limited Company (the Company ) other than (1) any member who Non-Employee Director Compensation Policy Horizon Therapeutics Public Limited Company ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |