Mercury General Corporation Director Compensation Arrangements as of December 31, 2013

Summary

This document outlines the compensation structure for directors of Mercury General Corporation, detailing fees for board and committee participation. Directors receive quarterly board fees and additional payments for attending meetings, with rates varying based on meeting type and duration. Committee chairs and members receive specific fees and annual retainers, with increased amounts for certain roles and committees. The Lead Director also receives a separate annual retainer. The arrangement specifies both prior and new fee amounts, reflecting recent changes to director compensation.

EX-10.30 10 mcy-20131231xex1030.htm DIRECTOR COMPENSATION ARRANGEMENTS MCY-2013.12.31-EX 10.30

EXHIBIT 10.30

MERCURY GENERAL CORPORATION BOARD FEES



	PRIOR FEES	NEW FEES
Director Compensation - Board Fee	$4,000 per quarter	$4,000 per quarter
Director Compensation - Meeting Attendance	$4,000 per meeting held in person or telephonically lasting 1 hour or more	$4,000 per meeting held in person or telephonically lasting 1 hour or more
	$500 per meeting held telephonically lasting less than 1 hour	$500 per meeting held telephonically lasting less than 1 hour

Audit Committee
Meeting Attendance (Chair)	$3,500 per meeting	$5,000 per meeting
Meeting Attendance (Non Chair)	$2,500 per meeting	$3,000 per meeting
Annual Retainer (Chair)	$4,000	$5,000

Compensation Committee
Meeting Attendance (Chair)	$500 per meeting	$2,000 per meeting
Meeting Attendance (Non Chair)	$500 per meeting	$1,500 per meeting
Annual Retainer (Chair)	$2,500	$4,000

Nominating/Corporate Governance Committee
Meeting Attendance (Chair)	$1,500 per meeting	$1,500 per meeting
Meeting Attendance (Non Chair)	$1,000 per meeting	$1,000 per meeting
Annual Retainer (Chair)	$1,500	$2,000

Investment Committee
Meeting Attendance (Chair)	$1,500 per meeting	$2,000 per meeting

Lead Director - Annual Retainer	$10,000	$15,000