2011 Level (85% of 2009 Level)Service as Director $ 7,650 Service as Chairman of the Board* $ 7,650 Service as Audit Committee Chairman* $ 2,975 Service as Loan Committee Chairman* $ 2,975 Service as Compensation Committee Chairman* $ 2,975

Exhibit 10.8: Non-Employee Director Compensation

Cash Compensation

Annual Retainer

Each non-employee director is entitled to receive the annual retainer compensation listed below. The 2011 annual retainer compensation amounts to 85% of the 2009 level of annual retainer compensation, which the Board temporarily reduced beginning in 2010, in light of economic conditions and corporate performance.

		2011 Level
		(85% of 2009 Level)
Service as Director		$	7,650
Service as Chairman of the Board*		$	7,650
Service as Audit Committee Chairman*		$	2,975
Service as Loan Committee Chairman*		$	2,975
Service as Compensation Committee Chairman*		$	2,975

The annual retainer fees and chairman fees are paid on an annual basis in January of the year to which the fee applies.

Monthly Fees

Each non-employee director is entitled to receive monthly compensation of $850. As with the annual retainer compensation discussed above, in light of economic conditions and corporate performance, effective February 1, 2010, the Board of Directors temporarily reduced the monthly compensation to 85% of the 2009 level of monthly compensation of $1,000 per director.

Equity Compensation

Each non-employee director is also eligible to receive non-qualified stock option awards pursuant to the Alliance Bankshares Corporation 2007 Incentive Stock Plan in the discretion of the Compensation Committee.