Annual Compensation of Non-Employee Directors
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EX-10.5 2 v306679_ex10-5.htm EXHIBIT 5
Exhibit 10.5
Annual Compensation of Non-Employee Directors
2012 | 2011 | 2010 | ||||||||||
Name/Position | Retainer | Retainer | 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 | ||||||
James L. Jadlos, Chairman and Non-Employee Director | $ | 48,000 | $ | 44,000 | $ | 36,000 |
The Non-Employee Directors will be paid the 2012 retainer in quarterly installments in the month following the end of each fiscal quarter.