2009 Level 2010 LevelService as Director $9,000 $7,650Service as Chairman of the Board* $9,000 $7,650Service as Audit Committee Chairman* $3,500 $2,975Service as Loan Committee Chairman* $3,500 $2,975Service as ALCO Committee Chairman* $3,500 $2,975Service as Compensation Committee Chairman* $3,500 $2,975

Exhibit 10.8: Non-Employee Director Compensation for 2010

Cash Compensation

Annual Retainer

Each non-employee director is entitled to receive the annual retainer compensation listed below. In light of the economic conditions and corporate performance, the Board of Directors determined to reduce the annual retainer compensation for 2010 to a level which amounts to 85% of the 2009 annual retainer compensation.

		2009 Level		2010 Level
Service as Director		$9,000		$7,650
Service as Chairman of the Board*		$9,000		$7,650
Service as Audit Committee Chairman*		$3,500		$2,975
Service as Loan Committee Chairman*		$3,500		$2,975
Service as ALCO Committee Chairman*		$3,500		$2,975
Service as Compensation Committee Chairman*		$3,500		$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. In light of the economic conditions and corporate performance, effective February 1, 2010, the Board of Directors reduced the monthly compensation for 2010 to a level which amounts to 85% of the 2009 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.