SBI Board Compensation Proposal Effective January, 2009

Contract Categories: Human Resources - Compensation Agreements
EX-10.31 21 dex1031.htm DIRECTOR COMPENSATION SCHEDULE Director Compensation Schedule

Exhibit 10.31

SBI Board Compensation Proposal

Effective January, 2009

SBI Board Member Retainers

 

Board Member -

    $ 25,000

Audit Committee Chair -

    $ 10,000

Compensation Committee Chair -

    $ 7,000

Nominating Committee Chair -

    $ 5,000

SBI Board and Committee Meeting Fees

 

Board Meeting Fee -

    $ 1,500

Committee Meeting Fee -

    $ 1,200

Subsidiary Board and Committee Meeting Fees

 

Susquehanna Bank Board Meeting Fee -

    $ 1,200

Other Boards and Committees Meeting Fee -

    $ 1,000

Telephonic Participation Meeting Fees

 

  •  

Telephonic participation guidelines will be established by the Chair of each Board and committee.

 

  •  

In the event telephonic participation is permitted by the Chair, the telephonic meeting fee will be 60% of the in-person meeting fee. (Single topic teleconferences not compensated.)