NON-EMPLOYEE DIRECTOR COMPENSATION
Exhibit 10.1
NON-EMPLOYEE DIRECTOR COMPENSATION
Board membership |
| $50,000 restricted stock grant with a 1 year vesting period |
Board Chairman |
| $20,000 restricted stock grant with a 1 year vesting period. In addition, if the Chairman is not the Chairman of the Corporate Governance Committee the Chairman will receive an additional $20,000 per year (paid $5,000 per quarter) cash compensation. |
|
|
|
Corporate Governance Members |
| $20,000 per year (paid $5,000/quarter) cash compensation |
Corporate Governance Chairman |
| $60,000 per year (paid $15,000/quarter) cash compensation |
|
|
|
Audit Members |
| $20,000 per year (paid $5,000/quarter) cash compensation |
Audit Chairman |
| $40,000 per year (paid $10,000/quarter) cash compensation |
|
|
|
Compensation Members |
| $8,000 per year (paid $2,000/quarter) cash compensation |
Compensation Chairman |
| $20,000 per year (paid $5,000/quarter) cash compensation |