Annual Compensation of Non-Employee Directors
EX-10.5 2 ancxex105201710-k.htm EXHIBIT 10.5 Exhibit
Exhibit 10.5
Annual Compensation of Non-Employee Directors
2018 | 2017 | 2016 | ||||||||||
Name/Position | Retainer | Retainer | Retainer | |||||||||
Martin S. Friedman, Non-Employee Director | $ | 24,000 | $ | 27,000 | $ | 36,000 | ||||||
Thomas M. Kody, Non-Employee Director | $ | 24,000 | $ | 27,000 | $ | 36,000 | ||||||
John W. Edgemond IV, Non-Employee Director | $ | 24,000 | $ | 27,000 | $ | 36,000 | ||||||
J. Randolph Babbitt, Non-Employee Director | $ | 24,000 | $ | 27,000 | $ | 36,000 | ||||||
Michael G. Anzilotti, Non-Employee Director | $ | 36,000 | $ | 39,000 | $ | 48,000 | ||||||
John C. Lee, IV, Chairman and Non-Employee Director | $ | 36,000 | $ | 27,000 | $ | — | ||||||
Childs F. Burden, Non-Employee Director | $ | 24,000 | $ | 18,000 | $ | — | ||||||
Mary Leigh McDaniel, Non-Employee Director | $ | 24,000 | $ | 18,000 | $ | — | ||||||
Gary D. LeClair, Non-Employee Director | $ | 24,000 | $ | 18,000 | $ | — | ||||||
Janet A. Neuharth, Non-Employee Director | $ | 24,000 | $ | 18,000 | $ | — | ||||||
The Non-Employee Directors will be paid the 2018 retainer in equity.
In addition to the annual retainer, non-employee directors receive per meeting fees for board and committee attendance that are paid in cash monthly.
