Q: How are Outside Directors of a Board Paid?

• annual retainer;
  
• chairperson fees (to compensate for services as a chair of a committee or the full Board. Often, committee chair fees can differ according to the committee on which the Director serves);
  
• fees for attendance at Board meetings (in person and via tele- or video-conference);
  
• fees for attendance at committee meetings (in person and via tele- or video-conference);
  
• initial and annual grants of equity (usually in publicly traded companies).