Schedule of Board of Director and Committee Fees Effective January 1, 2007
This document outlines the annual compensation for members of the Board of Directors and its committees at TNL, effective January 1, 2007. Directors receive a $44,000 annual cash retainer, paid quarterly, and $40,000 in company stock, valued at the closing price before the Annual Meeting. Additional annual fees are provided for committee service, with specific amounts for chairpersons and members of the Audit, Compensation, and Governance Committees, all paid quarterly.
Exhibit 10.30
Schedule of Board of Director and Committee Fees
Effective January 1, 2007
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| Retainer |
| $44,000 (payable quarterly in arrears) |
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| Stock |
| $40,000 valued at closing price of TNL on the day immediately prior to the Annual Meeting, payable in a lump sum. |
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| Audit |
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| Compensation |
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| Governance |
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| Chairman |
| $ | 25,000 |
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| $ | 10,000 |
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| $ | 9,000 |
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| Member |
| $ | 14,000 |
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| $ | 3,000 |
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| $ | 3,000 |
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