Greater Bay Bancorp and Greater Bay Bank, N.A. Director Compensation Schedule (July 25, 2006)
This document outlines the compensation structure for directors of Greater Bay Bancorp and Greater Bay Bank, N.A. as of July 25, 2006. It specifies quarterly retainer amounts and meeting attendance fees for board members and committee chairs, including additional compensation for specific roles such as Chairman, Vice Chairman, and various committee chairs. The agreement details the amounts paid for participation in board and committee meetings, ensuring transparency in director compensation.
Exhibit 10.1
GREATER BAY BANCORP
DIRECTOR COMPENSATION
July 25, 2006
| Quarterly Retainers | |||
| Board of Directors | $ | 2,250 | |
| Chairman | 3,750 | ||
| Vice Chairman | 1,000 | ||
| ALCO Chair | 2,000 | ||
| Audit Committee Chair | 7,500 | ||
| Board Governance Committee Chair | 1,000 | ||
| Compensation Committee Chair | 3,000 | ||
| Executive Committee Chair | 4,500 | ||
| Meeting Attendance Fees | |||
| Board of Directors | $ | 500 | |
| ALCO | 1,250 | ||
| Audit Committee - Regular | 1,500 | ||
| Audit Committee - 10-Q/10-K | 1,000 | ||
| Board Governance | 1,000 | ||
| Compensation Committee | 1,500 | ||
| Executive Committee | 1,500 | ||
GREATER BAY BANK, N.A.
DIRECTOR COMPENSATION
July 25, 2006
| Quarterly Retainers | |||
| Board of Directors | $ | 2,250 | |
| Chairman | 3,750 | ||
| Vice Chairman | 1,000 | ||
| ALCO Chair | 2,000 | ||
| Loan Committee Chair | 3,000 | ||
| Marketing Committee Chair | 1,000 | ||
| Trust Oversight Committee Chair | 1,000 | ||
| Meeting Attendance Fees | |||
| Board of Directors | $ | 500 | |
| ALCO | 1,250 | ||
| Loan Committee | 1,000 | ||
| Marketing Committee | 1,000 | ||
| Trust Oversight Committee | 1,000 | ||
