SUMMARY SHEET: 2008 NON-EMPLOYEE DIRECTOR COMPENSATION CHANGES

Contract Categories: Human Resources - Compensation Agreements
EX-10.6 5 a08-4801_1ex10d6.htm EX-10.6

 

EXHIBIT 10.6

 

SUMMARY SHEET: 2008 NON-EMPLOYEE DIRECTOR COMPENSATION CHANGES

 

Effective on January 1, 2008, Cano Petroleum, Inc. increased the annual retainer for each non-employee director from $25,000 to $30,000 and increased the annual retainer for the chairman of the Compensation Committee from $3,000 to $10,000.