Exhibit 10
PARKER-HANNIFIN CORPORATION
SUMMARY OF THE COMPENSATION OF THE NON-EMPLOYEE MEMBERS
OF THE BOARD OF DIRECTORS
Adopted August 11, 2004, effective October 1, 2004
Annual retainer for Audit Committee Chair: |
$ | 82,500 | |
Annual retainer for Committee Chairs (other than the Audit Committee Chair): | $ | 72,500 | |
Annual retainer for Non-Chair Committee members: | $ | 67,500 |
Meeting fees of $1,500 for attending any Board or Committee meeting during any fiscal year in excess of the number of regularly scheduled Board or Committee meetings, plus two.
Annual stock option grant