![]() ![]() Initial Grant: On the date of any Director’s initial appointment or election to the Board, 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 Director’s start date and the first anniversary 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 Director’s initial election to the Board occurs at an annual 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. The equity compensation set forth below will be granted under the Horizon Therapeutics Public Limited Company 2014 Non-Employee Equity Plan, as may be amended from time to time, or, following the termination of such plan, the Horizon Therapeutics Public Limited Company 2020 Equity Incentive Plan, as may be amended from time to time, or any other equity plan designated by the Board or the Compensation Committee of the Board (as applicable, the “Plan”).ġ. Nominating & Corporate Governance Committee: $10,000 Annual Committee Member (non-Chair) Service Fee:Ĭ. Chairman of the Scientific Committee: $20,000ģ. Chairman of the Transaction Committee: $20,000Į. Chairman of the Nominating & Corporate Governance Committee: $20,000ĭ. Chairman of the Compensation Committee: $20,000Ĭ. ![]() Chairman of the Audit Committee: $30,000ī. Non-Executive Chairman of the Board/Lead Independent Director: $115,000Ī. All annual cash fees are vested upon payment.Ī. If a Director joins the Board at a time other than effective as of the first day of a fiscal 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 first fiscal quarter in which the Director provides the service, and regular full quarterly payments thereafter. The annual cash compensation amount 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. The determination of whether a member of the Board meets the requirements to be eligible to receive compensation as an 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. Non-Employee Director Compensation PolicyĮach member of the Board of Directors (the “Board”) of Horizon Therapeutics Public Limited Company (the “Company”) other than (1) any member who is affiliated with any holder of more than 5% of the Company’s ordinary shares or (2) any member serving as an employee of the Company or any of its subsidiaries (each such member, a “Director”) will receive the following compensation for his or her Board service. ![]() Horizon Therapeutics Public Limited Company ![]()
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