Exhibit 10.1

 

Fossil, Inc.

Non-employee Director Cash Compensation

 

Effective April 1, 2009

 

1.                                      Board of Directors

 

Annual Retainer

 

$

37,200

 

 

 

 

 

In-person meeting fee

 

$

1,395

 

 

 

 

 

Telephone meetings*

 

$

930

 

 

2.                                      Audit Committee

 

Chair annual retainer

 

$

18,600

 

 

 

 

 

Member retainer

 

$

2,325

 

 

 

 

 

In-person meeting fee

 

$

1,162

 

 

 

 

 

Telephone meetings*

 

$

930

 

 

3.                                      Compensation Committee

 

Chair annual retainer

 

$

9,300

 

 

 

 

 

Member retainer

 

$

0

 

 

 

 

 

In-person meeting fee

 

$

1,162

 

 

 

 

 

Telephone meetings*

 

$

930

 

 

4.                                      Nominating and Corporate Governance
Committee

 

Chair annual retainer

 

$

6,975

 

 

 

 

 

Member retainer

 

$

0

 

 

 

 

 

In-person meeting fee

 

$

1,162

 

 

 

 

 

Telephone meetings*

 

$

930

 

 

--------------------------------------------------------------------------------

 

5.                                      Finance Committee

 

Chair annual retainer

 

$

6,975

 

 

 

 

 

Member retainer

 

$

0

 

 

 

 

 

In-person meeting fee

 

$

1,162

 

 

 

 

 

Telephone meetings*

 

$

930

 

 

Payment shall be made for each committee meeting attended even if attending more
than one committee meeting on the same day.

 

--------------------------------------------------------------------------------

* in excess of one hour

 

--------------------------------------------------------------------------------