SUMMARY OFNON-MANAGEMENT DIRECTOR COMPENSATION As of January 1, 2009
EX-10.17 7 a2191154zex-10_17.htm EXHIBIT 10.17
Exhibit 10.17
SUMMARY OF NON-MANAGEMENT DIRECTOR COMPENSATION
As of January 1, 2009
Function |
| Amount Paid |
| Form of Payment |
|
|
|
|
|
Annual Retainer |
| $47,000 annually |
| Payable in quarterly increments in shares of company common stock at its fair market value |
|
|
|
|
|
Board Meeting Fee |
| $5,000 per meeting |
| Cash per meeting attended |
|
|
|
|
|
Standing Committee Meeting Fee |
| $1,750 per meeting |
| Cash per meeting attended |
|
|
|
|
|
Committee Chair Meeting Fee |
| $2,500 total per meeting |
| Cash per meeting attended |
|
|
|
|
|
Lead-Non Management Director Fee |
| $16,000 annually |
| Payable in cash in quarterly increments |
|
|
|
|
|
Meeting Travel Expenses |
| Reasonable and actual |
| Cash reimbursement |