Exhibit 10.1

 

 

 

Director Compensation Table

 

 

 

Elements of Compensation

 

Current Director
Compensation

 

Approved by
Board of
Directors

 

Annual Retainer

 

$

20,000

 

$

40,000

 

Board Meeting Attendance Fee

 

$

1,500

 

$

1,500

 

Committee Chairman Retainer

 

$

5,000

 

$

10,000

 

Committee Meeting Attendance Fee

 

$

1,000

 

$

1,000

 

Restricted Stock Grant ($ Value Equivalent)

 

$

50,000

 

$

70,000

 

 

Fees and grants to be paid at annual meeting, May 18, 2005

 

 

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