AMENDMENT NO. 5 TO THE HOMEBANC CORP. 2004 DIRECTOR COMPENSATION PLAN
EX-10.7(VI) 2 dex107vi.htm AMENDMENT 5 TO HOMEBANC CORP. 2004 DIRECTOR COMPENSATION PLAN Amendment 5 to HomeBanc Corp. 2004 Director Compensation Plan
EXHIBIT 10.7(vi)
AMENDMENT NO. 5 TO THE HOMEBANC CORP.
2004 DIRECTOR COMPENSATION PLAN
This Amendment No. 5 to the HomeBanc Corp. 2004 Director Compensation Plan (the “Plan”) is made and entered into as of this 12th day of January, 2007, by HomeBanc Corp. (the “Company”).
Pursuant to a resolution of the Board of Directors of the Company, in accordance with Article 7 of the Plan, the Plan is hereby amended as follows:
| 1. | By deleting “$25,000” in the line in the table in Section 5.2 with respect to the Supplemental Annual Retainer payable to the Presiding/Lead Director and replacing it with “$30,000.” |
| 2. | Except as specifically set forth herein, the terms of the Plan shall remain in full force and effect as prior to this amendment. |
IN WITNESS WHEREOF, the Company has caused this Amendment to be executed by its duly authorized officer as of the date first above written.
| HOMEBANC CORP. | ||
| By: | /s/ CHARLES W. MCGUIRE | |
| Name: | Charles W. McGuire | |
| Title: | Executive Vice President, General Counsel and Secretary | |
