Exhibit 10.1

 

MERCURY GENERAL CORPORATION BOARD FEES

YEAR 2005

 

     PRIOR FEES

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   CURRENT FEES

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Board of Directors Quarterly Retainer

   $ 2,500    $ 3,000

Board of Directors Per Meeting Fee

   $ 2,500    $ 3,000

Audit Committee Per Meeting Fee

   $ 2,000    $ 2,500

Audit Committee Chair Annual Retainer

     none    $ 1,500

Nominating/Corporate Governance Committee Per Meeting Fee

   $ 1,000    $ 1,000

Nominating/Corporate Governance Committee Chair Per Meeting Fee

     none    $ 1,500

Nominating/Corporate Governance Committee Chair Annual Retainer

     none    $ 1,500

Compensation Committee Per Meeting Fee

   $ 500    $ 500

Compensation Committee Chair Compensation

   $ 100 per hour    $ 150 per hour