Non-employee Director Compensation Effective April 27, 2005
Contract Categories:
Human Resources
- Compensation Agreements
EX-10..1(BV) 2 a05-8565_1ex10dd1bv.htm EX-10..1(BV)
EXHIBIT 10.1(bv)
Non-employee Director Compensation
Effective April 27, 2005
| Annual Retainer (other than Chairman and Vice Chairman) |
| $ | 26,000 |
|
| Chairman Annual Retainer |
| $ | 80,000 |
|
| Vice Chairman Annual Retainer |
| $ | 40,000 |
|
| Committee Member Annual Retainer (including Chair) |
| $ | 7,000 |
|
| Board Meeting Fee |
| $ | 1,500 |
|
| Telephonic Board Meeting Fee |
| $ | 750 |
|
| Committee Meeting Fee |
| None |
| |
| Annual Equity Grant (1) |
| 1,500 shares of Restricted Stock |
| |
(1) The Restricted Stock vests after three years, but the directors are entitled to receive dividends and may exercise full voting rights with respect to the Restricted Stock during the restricted period.
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