Non-Employee Director Compensation Summary Sheet

Summary

This document outlines the compensation structure for non-employee directors of the company. It specifies an annual retainer of $35,000 and additional payments for attending various types of meetings, such as board, special, telephonic, and committee meetings. Chairpersons receive extra fees, with the Audit Committee Chairperson receiving a higher amount. The summary provides clear details on how directors are compensated for their service and participation in company governance.

EX-10.8 2 dex108.htm NON-EMPLOYEE DIRECTOR COMPENSATION SUMMARY SHEET Non-Employee Director Compensation Summary Sheet

EXHIBIT 10.8

Non-Employee Director Compensation Summary Sheet

 

Annual Retainer

   $ 35,000

Type of Meeting

   Amount Paid per Meeting

Board Meeting

   $ 3,500

Special Meeting

   $ 3,500

Telephonic Board Meeting

   $ 1,000

Compensation & Nominating Committee Meeting

   $ 1,500

Audit Committee Meeting

   $ 3,000

Executive Committee Meeting

   $ 3,500

Additional Fee for Chairperson (except Audit)

   $ 1,500

Additional Fee for Audit Committee Chairperson

   $ 2,000