Exhibit 10.18.14
OLD DOMINION FREIGHT LINE, INC.
NON-EMPLOYEE DIRECTOR COMPENSATION STRUCTURE
EFFECTIVE AS OF THE 2020 ANNUAL MEETING OF SHAREHOLDERS
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|
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Annual Cash |
|
|
Annual Restricted |
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|
Director Role |
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Retainer |
|
|
Stock Grant Amount |
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|
Member (all non-employee directors) |
|
$ |
90,000 |
|
|
|
$ |
135,000 |
|
|
Lead Independent Director |
|
25,000 |
|
(1) |
|
|
— |
|
|
|
Audit Committee Chair |
|
25,000 |
|
(1) |
|
|
— |
|
|
|
Compensation Committee Chair |
|
15,000 |
|
(1) |
|
|
— |
|
|
|
Governance and Nomination Committee Chair |
|
12,500 |
|
(1) |
|
|
— |
|
|
1) Each non-employee Chair of a Board Committee and the Lead Independent Director receives this annual retainer in addition to the $90,000 annual cash retainer paid to all non-employee directors.