Pinnacle Bankshares Corporation Directors Annual Compensation

Contract Categories: Human Resources - Compensation Agreements
EX-10.5 2 dex105.htm DIRECTORS' ANNUAL COMPENSATION Directors' Annual Compensation

EXHIBIT 10.5

Pinnacle Bankshares Corporation

Directors’ Annual Compensation

As of December 31, 2007

 

Annual Retainer

   Amount

Service as Director for the Company

   $ 2,000

Service as Director for the Bank

   $ 4,000

Meeting Fees (Non-Employee Directors)

    

Committee Meetings for the Company

   $ 250 per meeting

Committee Meetings for the Bank

   $ 250 per meeting