Annual Compensation of Non-Employee Directors

Contract Categories: Human Resources - Compensation Agreements
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.