Annual Compensation of Non-Employee Directors

Contract Categories: Human Resources - Compensation Agreements
EX-10.5 2 v370597_ex10-5.htm EXHIBIT 10.5

 

Exhibit 10.5

 

Annual Compensation of Non-Employee Directors

 

Name/Position  2014
Retainer
   2013
Retainer
   2012
Retainer
 
Martin S. Friedman, Non-Employee Director  $36,000   $36,000   $36,000 
Thomas M. Kody, Non-Employee Director  $36,000   $36,000   $36,000 
John W. Edgemond IV, Non-Employee Director  $36,000   $36,000   $36,000 
J. Randolph Babbitt, Non-Employee Director  $36,000   $36,000   $12,000 
James L. Jadlos, Chairman and Non-Employee Director  $48,000   $48,000   $48,000 
Michael G. Anzilotti, Non-Employee Director  $33,000   $-   $- 

 

The Non-Employee Directors will be paid the 2014 retainer in quarterly installments in the month following the end of each fiscal quarter.