Atlanticus Holdings Corporation Outside Director Compensation Package Effective January 1, 2014

Summary

Atlanticus Holdings Corporation will compensate each independent outside director with an annual cash retainer of $50,000, plus fees for attending board and committee meetings. Additional annual fees are provided for committee chairpersons. Directors will also receive an annual restricted stock award that vests over two years and reimbursement for reasonable travel expenses related to meetings. Payments are made quarterly, and eligibility is based on independence under NASDAQ and SEC rules.

EX-10.1 2 atlc-ex101.htm OUTSIDE DIRECTOR COMPENSATION PACKAGE ATLC-EX10.1

Exhibit 10.1

OUTSIDE DIRECTOR COMPENSATION PACKAGE

Effective January 1, 2014, Atlanticus Holdings Corporation (the “Company”) will pay each outside director who is independent in accordance with the NASDAQ and SEC rules governing director independence (an “Eligible Director”) the following for service to the Company:



Annual Cash Retainer……………………………………...	$	50,000
Attendance Fee for Each Board Meeting (including telephonic attendance)……………………………………...	$	2,500
Attendance Fee for Each Committee Meeting (including telephonic attendance)……………………………………...	$	1,000

In addition, the Chairman of the Audit Committee will receive an additional annual fee of $25,000. The Chairman of each of the Nominating and Corporate Governance Committee and the Compensation Committee will receive an additional annual fee of $10,000. The Annual Cash Retainer and the Committee Chair fees will be paid in quarterly installments.

Each Eligible Director also will receive an annual restricted stock award of 16,000 shares. The restricted stock award will vest in two equal annual installments beginning on the first anniversary of the grant date.

The Company also will reimburse all reasonable out-of-pocket travel expenses that are incurred in connection with board and committee meetings.