EXHIBIT 10.1

SUMMARY DESCRIPTION OF CORUS BANKSHARES COMPENSATION FOR DIRECTORS

Corus Bankshares Director Compensation
Last Approved: August 23, 2005

Fees

 

 

Board of
Directors

 

Audit
Committee

 

Compensation
 Committee

 

Nominating
 Committee

 

 

 

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Chairman Retainer Fee

 

$

0

 

$

18,000

 

$

6,000

 

$

0

 

(per annum)

 

 

 

 

 

 

 

 

 

 

 

 

 

Routine Meetings

 

$

8,000

 

$

6,000

 

$

3,000

 

$

3,000

 

(per meeting)

 

 

 

 

 

 

 

 

 

 

 

 

 

Special Session Meetings

 

$

2,000

 

$

2,000

 

$

1,500

 

$

1,500

 

In-Person

 

 

 

 

 

 

 

 

 

 

 

 

 

(per hour)

 

 

 

 

 

 

 

 

 

 

 

 

 

Special Session Meetings

 

$

1,200

 

$

1,200

 

$

1,000

 

$

1,000

 

Telephonic

 

 

 

 

 

 

 

 

 

 

 

 

 

(per hour)

 

 

 

 

 

 

 

 

 

 

 

 

 

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