Pinnacle Bankshares Corporation Directors Annual Compensation
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EX-10.5 2 dex105.htm DIRECTORS' ANNUAL COMPENSATION Directors' Annual Compensation
EXHIBIT 10.5
Pinnacle Bankshares Corporation
Directors’ Annual Compensation
As of March 31, 2008
| Annual Retainer | Amount | ||
| Service as Director for the Company | $ | 2,000 | |
| Service as Director for the Bank | $ | 5,000 | |
| Additional Retainer for Chair of Audit Committee | $ | 1,500 | |
| Additional Retainer for Chair of Compensation Committee | $ | 1,000 | |
| Meeting Fees (Non-Employee Directors) | |||
| Committee Meetings for the Company | $ | 250 per meeting | |
| Committee Meetings for the Bank | $ | 250 per meeting | |
