Summary of Director Compensation
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Human Resources
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EX-10.8 6 c13618exv10w8.htm SUMMARY OF DIRECTOR COMPENSATION exv10w8
ASSISTED LIVING CONCEPTS, INC.
EXHIBIT 10.8
SUMMMARY OF DIRECTOR COMPENSATION
Directors who are not employees of Assisted Living Concepts, Inc. are paid an annual retainer of $15,000 per year, a fee of $1,500 for each Board and committee meeting they attend, and $500 for each telephonic Board or committee meeting they attend. In addition, the annual retainer for the Board chairman is $50,000 and the annual retainer for the vice chairman is $25,000. The annual retainer for the chair of the Audit Committee is an additional $15,000 and the annual retainer for the other committee chairs is an additional $10,000. Directors are reimbursed for expenses incurred in connection with attending Board and committee meetings.
