Summary of Non-Employee Director Compensation for Movie Gallery, Inc. Board Members (Effective May 20, 2008)

Summary

This document outlines the compensation for non-employee directors of Movie Gallery, Inc. Each non-employee director receives an annual fee of $48,000, paid quarterly, plus $2,000 for each board meeting attended, whether in person or by phone. The audit committee chairman receives an additional $20,000 per year, and the compensation committee chairman receives an additional $10,000 per year, both paid quarterly. Members of the audit and compensation committees also receive $2,000 for each committee meeting attended. These terms are effective as of May 20, 2008.

EX-10.15 2 dex1015.htm SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION Summary of Non-Employee Director Compensation

Exhibit 10.15

Summary of Non-Employee Director Compensation

Set forth below is a summary of the compensation payable to each non-employee member of the Board of Directors of Movie Gallery, Inc., effective May 20, 2008.

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Each non-employee member of the Board of Directors shall receive an annual director’s fee of $48,000, payable quarterly.

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Each non-employee member of the Board of Directors shall receive a meeting fee of $2,000 per meeting, irrespective of whether the meeting is in person or telephonic.

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The chairman of the audit committee shall receive a chairman’s fee of $20,000 per year, payable quarterly, and each member of the audit committee shall receive a meeting fee of $2,000 per audit committee meeting, irrespective of whether the meeting is in person or telephonic.

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The chairman of the compensation committee shall receive a chairman’s fee of $10,000 per year, payable quarterly, and each member of the compensation committee shall receive a meeting fee of $2,000 per compensation committee meeting, irrespective of whether the meeting is in person or telephonic.