EX-10.1 2 tmo8kex101.htm SUMMARY OF ANNUAL NON-MANAGEMENT DIRECTOR COMPENSATION. Document
Exhibit 10.1

Effective as of 5/19/2021

SUMMARY OF ANNUAL NON-MANAGEMENT DIRECTOR COMPENSATION



I.Board Members (Other than the Lead Director)
A.Annual Cash Compensation
Annual Cash Retainer:$125,000
Additional Cash Retainer for Chairs of Audit Committee and Compensation Committee:
$25,000
Additional Cash Retainer for Chairs of Nominating and Corporate Governance Committee, Science and Technology Committee and Strategy and Finance Committee:
$20,000
B.Equity Compensation
Annual equity grants are made upon the recommendation of the Compensation Committee.
II.Lead Director
A.Annual Cash Compensation
Annual Cash Retainer:$165,000
B.Equity Compensation
Annual equity grants are made upon the recommendation of the Compensation Committee.
III.Travel Expenses
Directors are reimbursed for reasonable out-of-pocket expenses incurred in attending meetings.