Exhibit 10.1

 

NON-EMPLOYEE DIRECTOR COMPENSATION

 

• Board membership

 

$50,000 restricted stock grant with a 1 year vesting period

• Board Chairman

 

$20,000 restricted stock grant with a 1 year vesting period. In addition, if the
Chairman is not the Chairman of the Corporate Governance Committee the Chairman
will receive an additional $20,000 per year (paid $5,000 per quarter) cash
compensation.

 

 

 

• Corporate Governance Members

 

$20,000 per year (paid $5,000/quarter) cash compensation

• Corporate Governance Chairman

 

$60,000 per year (paid $15,000/quarter) cash compensation

 

 

 

• Audit Members

 

$20,000 per year (paid $5,000/quarter) cash compensation

• Audit Chairman

 

$40,000 per year (paid $10,000/quarter) cash compensation

 

 

 

• Compensation Members

 

$8,000 per year (paid $2,000/quarter) cash compensation

• Compensation Chairman

 

$20,000 per year (paid $5,000/quarter) cash compensation

 

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