Exhibit 10.1
PARKER-HANNIFIN CORPORATION
SUMMARY OF THE COMPENSATION OF THE NON-EMPLOYEE MEMBERS
OF THE BOARD OF DIRECTORS
Adopted August 16, 2006, effective October 1, 2006
| Annual retainer for Audit Committee Chair: |
$ | 95,000 | |
| Annual retainer for Committee Chairs (other than the Audit Committee Chair): |
$ | 85,000 | |
| Annual retainer for Non-Chair Committee members: |
$ | 80,000 |
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 restricted stock grant