Get documents about "Amendment To Non-employee Director Compensation Policy - VERTEX PHARMACEUTICALS INC / MA - 3-16-2006
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VERTEX PHARMACEUTICALS INC MA, VERTEX PHARMACEUTICALS INC MA Agreements, VRTX Agreements, Amendment To Non-employee Director Compensation Policy, Compensation Plan Agreement, Compensation Plan, Plan Agreement, deferred compensation plan, Deferred Compensation, Executive Compensation, Effective Date, COMPENSATION AGREEMENT,
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- 6
- posted:
- 11/24/2009
- language:
- English
- pages:
- 2
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QuickLinks -- Click here to rapidly navigate through this document Exhibit 10.40 AMENDMENT TO NON-EMPLOYEE DIRECTOR COMPENSATION POLICY In the first quarter of 2006, the Board of Directors amended the Company's non-employee director compensation policy. Prior to the amendment, the Chair of the Audit Committee received a $15,000 annual retainer, and the Chair of the Management Development and Compensation Committee received a $10,000 annual retainer. Under the amended policy, the Chair of the Audit Committee will receive a $20,000 annual retainer, and the Chair of the Management Development and Compensation Committee will receive a $14,000 annual retainer. QuickLinks Exhibit 10.40 QuickLinks Exhibit 10.40
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