EX-10.6 11 a17-14734_13ex10d6.htm EX-10.6

Exhibit 10.6

 

Summary of Trustee Compensation

 

The following is a summary of the currently effective compensation of the Trustees of Tremont Mortgage Trust (the “Company”) for services as Trustees, which is subject to modification at any time by the Board of Trustees (the “Board”) or the Compensation Committee of the Board, as applicable.

 

Annual Retainer for Independent Trustees

 

$20,000

Meeting Fees for Independent Trustees

 

$500 per Board or Committee meeting, with a maximum fee of $1,000 for any one day with multiple Board and Committee meetings

Chair of the Audit Committee

 

$7,500 per year

Chair of the Compensation Committee

 

$5,000 per year

Chair of the Nominating and Governance Committee

 

$5,000 per year

Share Grants for all Trustees

 

As determined by the Compensation Committee