CASH COMPENSATION ARRANGEMENTS WITH NON EMPLOYEE DIRECTORS
EX-10.12 3 a2204862zex-10_12.htm EX-10.12
EXHIBIT 10.12
CASH COMPENSATION ARRANGEMENTS WITH NON EMPLOYEE DIRECTORS
Annual Retainer*:
| Board Members |
| $ | 25,000 |
|
| Chairman of the Board (additional) |
| $ | 15,000 |
|
| Audit Committee Chairperson (additional) |
| $ | 7,500 |
|
| Compensation Committee Chairperson (additional) |
| $ | 5,000 |
|
| Corporate Governance and Nominating Committee Chairperson (additional) |
| $ | 5,000 |
|
* Paid quarterly in arrears.
Meeting Fees:
| Board of Directors |
|
|
| |
| Annual offsite regular meeting |
| $ | 2,500 |
|
| Regular meeting |
| $ | 1,000 |
|
| Special (telephonic) |
| $ | 500 |
|
|
|
|
|
| |
| Audit Committee |
|
|
| |
| Regular meeting |
| $ | 2,500 |
|
| Special (in person) |
| $ | 1,000 |
|
| Special (telephonic) |
| $ | 750 |
|
|
|
|
|
| |
| Compensation Committee |
|
|
| |
| Regular meeting |
| $ | 2,000 |
|
| Special |
| $ | 750 |
|
|
|
|
|
| |
| Corporate Governance and Nominating Committee |
|
|
| |
| Regular meeting |
| $ | 2,000 |
|
| Special |
| $ | 750 |
|
