Cash Compensation of Outside Directors
EX-10.3 2 dex103.htm CASH COMPENSATION OF OUTSIDE DIRECTORS Cash Compensation of Outside Directors
Exhibit 10.3
Cash Compensation of Outside Directors
Cash Compensation of Non-Employee Directors is as follows:
Annual Retainer: $36,000
Additional Annual Retainer for Chairman of the Board: $30,000
Additional Annual Retainer for Audit Committee members:
| Chairman: | $ | 20,000 | ||||
| Other members: | $ | 8,000 |
Additional Annual Retainer for Compensation Committee members:
| Chairman: | $ | 15,000 | ||||
| Other members: | $ | 6,000 |
Additional Annual Retainer for Nominating and Governance Committee members:
| Chairman: | $ | 8,000 | ||||
| Other members: | $ | 3,200 |
Fees are paid quarterly in arrears. There are no per meeting fees.
