Exhibit 10.1

 

TRIUMPH GROUP, INC.

 

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE MEETING

 

Non-employee Director Compensation Program

 

Effective July 21, 2016

 

Annual

 

 

 

 

 

 

 

 

 

 

 

 

 

Retainer for

 

 

 

 

 

 

 

 

 

 

 

 

 

each

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-employee

 

 

 

 

 

Additional

 

 

 

 

 

Annual

 

Board

 

Additional Retainer for

 

Retainer for

 

 

 

Telephonic

 

Equity Award

 

Member (1)

 

Committee Chairs

 

Lead Director

 

Meeting Fees

 

Meeting Fees

 

(1)

 

$

85,000

 

Audit

 

$

15,000

 

$

100,000

 

N/A

 

N/A

 

Restricted

 

 

 

Comp.

 

$

10,000

 

 

 

 

 

 

 

Stock Units

 

 

 

N&CG

 

$

7,500

 

 

 

 

 

 

 

with a grant

 

 

 

Finance

 

$

5,000

 

 

 

 

 

 

 

date value of

 

 

 

Other

 

$

5,000

 

 

 

 

 

 

 

approximately

 

 

 

 

 

 

 

 

 

 

 

 

 

$ 140,000

 

 

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(1)                                 Each non-employee director can defer all or
a portion of his or her annual retainer fees and/or  annual equity award
pursuant to the Directors’ Deferred Compensation Plan.

 

Ratified and affirmed:  November 10, 2016

 

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