Exhibit (10.3)

 

OSHKOSH CORPORATION

 

Summary of Cash Compensation For Non-Employee Directors

 

Cash compensation for non-employee members of the Board of Directors (the
“Board”) of Oshkosh Corporation, effective January 1, 2010, consists of payment
of the following: (i) an annual retainer of $65,000 for each non-employee
director; (ii) an annual retainer of $13,500 for each Board Committee, other
than the Executive Committee, on which a non-employee director serves during the
calendar year; (iii) an additional annual retainer of $10,000 to the
non-employee Chair of the Audit Committee and the Human Resources Committee of
the Board; and (iv) an additional annual retainer of $5,000 to the non-employee
Chair of other Board Committees, excluding the Executive Committee.

 

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