EXHIBIT 10.14

 

CASH COMPENSATION ARRANGEMENTS WITH NON_EMPLOYEE DIRECTORS

 

Annual Retainer*:

 

 

 

 

 

 

 

Board Members

 

$

25,000

 

Chairman of the Board (additional)

 

$

15,000

 

Audit Committee Chairperson (additional)

 

$

7,500

 

Compensation Committee Chairperson (additional)

 

$

5,000

 

Corporate Governance and Nominating Committee Chairperson (additional)

 

$

5,000

 

 

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

*  Paid quarterly in arrears.

 

Meeting Fees:

 

 

 

 

 

 

 

Board of Directors

 

 

 

Annual offsite regular meeting

 

$

2,500

 

Regular meeting

 

$

1,000

 

Special (telephonic)

 

$

500

 

 

 

 

 

Audit Committee

 

 

 

Regular meeting

 

$

2,500

 

Special (in person)

 

$

1,000

 

Special (telephonic)

 

$

750

 

 

 

 

 

Compensation Committee

 

 

 

Regular meeting

 

$

2,000

 

Special

 

$

750

 

 

 

 

 

Corporate Governance and Nominating Committee

 

 

 

Regular meeting

 

$

2,000

 

Special

 

$

750

 

 

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