Barrett Business Services, Inc. Summary of Compensation Arrangements for Non-Employee Directors
Barrett Business Services, Inc. has established compensation arrangements for its non-employee directors, effective July 1, 2007. Under this arrangement, each non-employee director receives an annual cash retainer of $24,000, paid in two equal installments on January 1 and July 1. Additionally, each director is required to use 40% of their annual retainer to purchase the company's common stock on the open market.
EXHIBIT 10.18
BARRETT BUSINESS SERVICES, INC.
SUMMARY OF COMPENSATION ARRANGEMENTS FOR
NON-EMPLOYEE DIRECTORS
Pursuant to a resolution adopted by the Board of Directors of Barrett Business Services, Inc. (the “Company”), effective July 1, 2007, the Company’s non-employee directors receive an annual retainer of $24,000 payable in cash in two equal installments on January 1 and July 1 of each year. Each non-employee director is expected to purchase Company common stock in the open market with 40% of their annual retainer.
