1st FRANKLIN FINANCIAL CORPORATION

EX-10.I 3 ff_ex10zi.htm DIRECTOR COMPENSATION SUMMARY TERM SHEET Exhibit 10(i)

Exhibit 10(i)


1^st FRANKLIN FINANCIAL CORPORATION
Director Compensation Summary Term Sheet

Compensation to be paid to the following directors, whether or not executive officers of the Company, will be as follows:

Name of Director	Compensation

Ben F. Cheek,. III (Vice Chairman)	`$- *`
Ben F. Cheek, IV (Chairman)	`$35,000`
A. Roger Guimond	`$35,000`
James H. Harris, III	`$35,000`
John G. Sample, Jr. (Audit Committee Chairman)	`$40,000`
C. Dean Scarborough	`$35,000`
Keith D. Watson	`$35,000`

* Note: Ben F, Cheek, III elected not to receive any Director fees.