BUFFALO WILD WINGS, INC. DIRECTOR COMPENSATION ARRANGEMENTS FOR FISCAL YEAR 2009
Exhibit 10.28
BUFFALO WILD WINGS, INC.
DIRECTOR COMPENSATION ARRANGEMENTS
FOR FISCAL YEAR 2009
For fiscal year 2009, beginning on December 29, 2008, the compensation for the directors who are not our employees was determined to be as set forth below. The cash fees are annual amounts payable quarterly. The annual equity grants will be issued immediately following election at the annual shareholders’ meeting.
| Description |
| FY 2009 |
| |
|
|
|
|
|
|
| Board equity grants (chair and non-chair) |
|
|
|
|
| RSUs fully vested* |
| $ | 60,000 |
|
|
|
|
|
|
|
| Board fees |
|
|
|
|
| Chair |
| $ | 40,000 |
|
| Non-chair |
| $ | 20,000 |
|
|
|
|
|
|
|
| Compensation Committee fees |
|
|
|
|
| Chair |
| $ | 16,000 |
|
| Non-chair |
| $ | 8,000 |
|
|
|
|
|
|
|
| Governance/Nominating Committee fees |
|
|
|
|
| Chair |
| $ | 10,000 |
|
| Non-chair |
| $ | 8,000 |
|
|
|
|
|
|
|
| Audit Committee fees |
|
|
|
|
| Chair |
| $ | 16,000 |
|
| Non-chair |
| $ | 8,000 |
|
|
|
|
|
|
|
| Executive Committee fees |
|
|
|
|
| Chair |
| $ | 5,000 |
|
| Non-chair |
| $ | 4,000 |
|
|
|
|
|
|
|
| Compliance Committee fees |
|
|
|
|
| Non-chair |
| $ | 8,000 |
|
| * | RSUs for the number of shares equal to $60,000 divided by the current stock price. |
