BOARD COMPENSATION ARRANGEMENT – MARCH 2008

 

 

 

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Annual Retainer Fee

$40,000.00

 

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Committee Chair Annual Fee

$7,500.00

 

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Audit Committee Chair Annual Fee

$10,000.00

 

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Lead Director Annual Fee

$10,000.00

 

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In-Person Board/Committee Meeting Attendance Fee

$1,500.00

 

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Telephone Board/Committee Meeting Attendance Fee

$1,000.00

 

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Equity Incentive Grants

As determined periodically by the Board of Directors. Currently, annual grants
with a value of $90,000 based on a Black-Scholes valuation

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