Placer Sierra Bancshares Schedule of Director Annual Fees and Compensation

Summary

This document outlines the annual compensation for directors of Placer Sierra Bancshares, excluding management directors. Directors receive a $60,000 annual retainer, and the Chairman of the Board receives an additional $1,500 per month. Directors are also eligible to participate in the company's 2002 Amended and Restated Stock Option Plan and may have access to health care plans.

EX-10.33 5 dex1033.htm SCHEDULE OF DIRECTOR ANNUAL FEES Schedule of Director Annual Fees

EXHIBIT 10.33

SUMMARY SCHEDULE OF DIRECTOR COMPENSATION

Directors of Placer Sierra Bancshares (except management directors) receive annual fees for service on the Board and a Chairman fee as follows:

 

Annual Retainer

  $60,000

Fee for Chairman of the Board

  $1,500 per month

Each of the directors are also eligible to participate in the PLSB 2002 Amended and Restated Stock Option Plan and may also participate in health care plans.