NOVASTAR FINANCIAL, INC. 2004 SUPPLEMENTAL COMPENSATION FOR INDEPENDENT DIRECTORS
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Human Resources
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EX-10.29 4 dex1029.htm 2004 SUPPLEMENTAL COMPENSATION FOR INDEPENDENT DIRECTORS 2004 Supplemental Compensation for Independent Directors
Exhibit 10.29
NOVASTAR FINANCIAL, INC.
2004 SUPPLEMENTAL COMPENSATION FOR INDEPENDENT DIRECTORS
The following sets forth the items of supplemental compensation to be paid to the independent directors of NovaStar Financial, Inc. with respect to service rendered in the fiscal year 2004
| Supplemental Amount | |||
| Annual Retainer: | $ | 10,000 | |
| Daily Fee Per Board and/or Committee Meeting Attended in Person or by Electronic Medium: | $ | 500 | |
| Annual Audit Committee Chairperson Retainer: | $ | 10,000 | |
| Annual Compensation Committee and Nominating and Corporate Governance Committee Chairperson Retainer: | $ | 5,000 | |
