Exhibit 10(c)
PARKER-HANNIFIN CORPORATION
SUMMARY OF THE COMPENSATION OF THE NON-EMPLOYEE MEMBERS
OF THE BOARD OF DIRECTORS
Adopted August 11, 2010, effective October 1, 2010
Annual retainer for Corporate Governance and Nominating Committee Chair: |
$ | 127,500 | ||
Annual retainer for Audit Committee Chair: |
$ | 117,500 | ||
Annual retainer for Human Resources and Compensation Committee Chair: |
$ | 112,500 | ||
Annual retainer for Finance Committee Chair: |
$ | 110,000 | ||
Annual retainer for non-chair committee members: |
$ | 102,500 |
Meeting fees of $1,500 for attending each Board of Directors or Committee meeting that exceeds the number of regularly-scheduled meetings of the Board or the relevant Committee in a fiscal year by more than two.
Annual restricted stock grant