Document:

Non-Employee Director Compensation Policy

 Exhibit 10.1 
 MYRIAD GENETICS, INC. 
 NON-EMPLOYEE DIRECTOR COMPENSATION POLICY 

(Effective Fiscal Year 2012) 

The following is a description of the standard compensation arrangements under which our non-employee directors are compensated for their service as
directors, including as members of the various committees of our Board. 
  

			
	Annual Retainer (all members)	 	$60,000
		
	Chairman of the Board	 	$100,000 additional retainer
		
	Committee Chair Compensation	 	
	Audit Committee	 	$25,000 additional retainer
	Compensation Committee	 	$15,000 additional retainer
	Nominating and Governance Committee	 	$15,000 additional retainer
		
	Committee Member Compensation 	 	
	Audit Committee (1)	 	$12,000 additional retainer
	Compensation Committee (1)	 	$7,500 additional retainer
	Nominating and Governance Committee (1)	 	$7,500 additional retainer
	Strategic Committee	 	$5,000 additional retainer
		
	 (1)    Other than each Committee Chair
	 	

 Attendance 
 Board Meetings: In addition to the annual retainer amounts, we pay each non-employee director a per-meeting cash fee of $2,000 for attendance at Board meetings in excess of five in-person meetings
and four telephonic meetings per fiscal year. 
 Committee Meetings other than Strategic Committee: We pay each non-employee director a
per-meeting cash fee of $2,000 for attendance at committee meetings in excess of four meetings (per each committee), whether in person or telephonic, per fiscal year. 
 Strategic Committee: No per meeting fees. 
 All directors are also reimbursed for their
out-of pocket expenses incurred in attending meetings. 
 Stock Option, Restricted and Unrestricted Stock Grants and Other-Stock-Based Awards

 Under our 2010 Employee, Director and Consultant Equity Incentive Plan (the “2010 Plan”), our non-employee
directors may be awarded stock options, restricted and unrestricted stock grants and/or other stock-based awards. As recommended and determined by our Compensation Committee, and approved by our Board of Directors, on each date of our annual meeting
of stockholders, the Company shall grant to each non-employee director, other than new non-employee directors appointed within six months of the annual meeting, a non-qualified option to purchase 30,000 shares of common stock of the Company, at an
exercise price equal to the closing price of our common stock on the date of grant. 
 In addition, it is our policy to grant a
non-qualified option to purchase 30,000 shares of common stock, at an exercise price equal to the closing price of our common stock on the date of grant, to each new non-employee director upon initial appointment to the Board. 

Options granted to our non-employee directors vest in full upon completion of one full year of service on the Board (generally on the
earlier of the first anniversary of the date of grant or the date of the 

 
next annual meeting of stockholders). Options granted to our non-employee directors are exercisable after the termination of the director’s service on the Board to the extent exercisable on
the date of such termination for the remainder of the life of the option. All options granted to our non-employee directors will become fully exercisable upon a change of control of Myriad or upon their death as provided for under our stock option
plan.2012 Directors Annual Compensation Program

 Exhibit 10.1 
 2012 DIRECTORS ANNUAL COMPENSATION PROGRAM 
 AXIS Capital Holdings Limited
(the “Company”) has established the 2012 Directors Annual Compensation Program (the “Program”) to compensate the directors of the Company for their service to the Board of Directors (the “Board”) and its committees. The
terms of the Program are as set forth herein. 
 1. Eligibility. Any member of the Board who is not an employee of the
Company or any of its subsidiaries shall be entitled to the compensation specified herein and shall be a “Participant” in the Program from and after January 1, 2012 or, if later, the date on which such person becomes a member of the
Board and is otherwise eligible to participate in the Program. Members of the Board who become Participants after January 1 of any year shall be entitled to a pro rated portion of any cash compensation and shall not be entitled to any equity
compensation (or cash compensation in lieu thereof) until January 1 of the next year. 
 2. Cash Compensation. Each
Participant shall be entitled to a cash amount determined annually by the Board, in consultation with the Compensation Committee of the Board (the “Committee”), and as set forth on Attachment A hereto, consisting of an annual
retainer and a meeting fee based on the number of committee meetings held during the fiscal year, the number of presentations by the Company at which members of the Board are requested to attend and whether the Participant serves as a chairman of a
committee or as the lead independent director. Participants may elect to receive common shares of the Company in lieu of the cash compensation that would otherwise be payable to them by notifying the Company of such election prior to January 1
of the year for which the election will be effective. Any common shares issued to Participants pursuant to such election will be issued under the 2007 Long-Term Equity Compensation Plan (the “2007 Plan”) or any similar plan subsequently
adopted by the Board. 
 3. Equity Compensation. Each Participant shall be entitled to an annual equity award under the
2007 Plan, as set forth on Attachment A hereto. The amount of shares of common stock awarded shall be determined using the fair market value of the common shares of the Company on the tenth business day after January 1 of each year.
Subject to the prior approval of the Committee, Participants may elect to receive cash compensation in lieu of the equity compensation that would otherwise be payable to them by notifying the Company of such election prior to January 1 of the
year for which the election will be effective. All equity awards shall be made effective as of the tenth business day after January 1 of each year. 
 4. Payment. Participants shall receive a lump sum payment of the annual retainer for any fiscal year prior to January 31 of that fiscal year (or, in the case of any person who becomes a
Participant after January 31 of a fiscal year, as soon as practicable after the date on which such person becomes a participant, pro rated as provided in paragraph 1) and a lump sum payment of the meeting fees, committee chair fees and
presiding director fee for any fiscal year prior to January 31 of the next fiscal year or, if earlier, within 60 days after retiring or resigning from the Board. 

  

 5. Deferral. The ability to defer compensation for services rendered terminated as of
January 1, 2009. Amounts deferred prior to that date must be included as income as of the date the deferred amount is distributed or, if no distribution has occurred, as of the later of (a) the last taxable year beginning before 2018 or
(b) the first taxable year the amounts are no longer subject to a substantial risk of forfeiture. 
 6. Interpretation
of Program. The Committee shall have the authority to administer and to interpret the Program. Any such determinations or interpretations made by the Committee shall be binding on all persons. 

7. Governing Law. The Program shall be governed by the laws of Bermuda. 

8. Successors. All obligations of the Company under the Program shall be binding on any successor to the Company, whether the
existence of such successor is the result of a direct or indirect merger, consolidation, purchase of all or substantially all of the business and/or assets of the Company or otherwise. 

9. Amendment and Termination. This Program may be amended or terminated at any time by the Board; provided, that no amendment
shall be given effect to the extent that it would have the effect of reducing a Participant’s existing awards under the Program. 

  
 2 

 ATTACHMENT A 

AXIS CAPITAL HOLDINGS LIMITED 
 NON-EMPLOYEE DIRECTOR COMPENSATION 
 (effective as of January 1,
2011) 
 Cash Compensation 
  

	1)	Annual retainer for all non-employee directors of $100,000 

  

	2)	Committee Chairs receive the following additional annual cash payments: 

  

					
	 Committee Chair
	  	Annual Payments	 
	 Corporate Governance and Nominating Committee
	  	$	7,500	  
	 Risk Committee
	  	$	10,000	  
	 Finance Committee
	  	$	10,000	  
	 Compensation Committee
	  	$	10,000	  
	 Audit Committee
	  	$	30,000	  

  

	3)	The lead (presiding) director of meetings of non-management directors receives an additional annual cash payment of $15,000. 

 

	4)	Fees for attendance at meetings as follows: 

  

					
	 Type of Meeting
	  	Attendance Fee	 
	 Committee meetings
	  	$	1,500	  

 Equity Compensation 
 Each non-employee director is entitled to an annual grant of common stock, valued at $100,000 based on the fair market value of the common shares on the tenth business day after January 1.

 Compensation Elections 
 Prior to each calendar year, each non-employee director can elect to receive common shares in lieu of their cash compensation or cash in lieu of their equity compensation otherwise payable to the director
in that calendar year. 
 Deferred Compensation Plan 

 

	1)	 Effective January 1, 2009, AXIS discontinued Director participation in the AXIS Capital Holdings Limited 2003 Directors Deferred Compensation
Plan, an unfunded nonqualified deferred compensation plan. Prior to January 1, 2009, the plan allowed participating 

  
 A-1

	 	
directors to elect (1) the amount of cash or stock received as fees for services to be deferred (expressed as a dollar amount, number of shares or percentage) and (2) the form in which
payment is to be made (lump sum or three annual installments) following termination of service as a director. All deferred amounts are 100% vested. 

  

	2)	Directors who chose to defer fees otherwise payable in shares were credited a number of phantom stock units equal in amount to the number of shares of stock deferred.
When a cash dividend is paid on the stock, the portion of the participant’s deferral account denominated in phantom share units is credited with additional phantom share units. 

 

	3)	Directors who chose to defer fees otherwise payable in cash were credited with interest on their cash deferral, compounded annually, at a rate of 1% above the 12-month
LIBOR rate for deposits of U.S. dollars reported on the first business day of the year. 

  
 A-2

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