1st FRANKLIN FINANCIAL CORPORATION
EX-10.G 2 directorcompensat_ex10.htm DIRECTOR COMPENSATION Exhibit 10(i)
Exhibit 10(g) | |||
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1st FRANKLIN FINANCIAL CORPORATION | |||
Director Compensation Summary Term Sheet | |||
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Compensation to be paid to the following directors, whether or not executive officers of the Company, will be as follows: | |||
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| Name of Director | Compensation | |
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| Ben F. Cheek,. III (Vice Chairman) | $ - * | |
| Ben F. Cheek, IV (Chairman) | $ 30,000 | |
| A. Roger Guimond | $ 30,000 | |
| James H. Harris, III | $ 30,000 | |
| John G. Sample, Jr. (Audit Committee Chairman) | $ 35,000 | |
| C. Dean Scarborough | $ 30,000 | |
| Keith D. Watson | $ 30,000 | |
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| * Note: Ben F, Cheek, III elected not to receive any Director fees. |