Director Compensation Policy for Board and Committee Members
This document outlines the compensation policy for members of the Board of Directors, excluding Mr. and Mrs. Gordon, who do not receive fees. Other directors are paid an annual fee of $43,000 plus $1,250 for each meeting attended. Audit Committee members receive an additional $5,000 annual retainer, and the Chairman of the Audit Committee receives an extra $5,500 per year. Compensation Committee members are paid $1,250 per meeting. Directors are also reimbursed for reasonable travel expenses and receive free company product samples at certain times.
QuickLinks -- Click here to rapidly navigate through this document
EXHIBIT 10.31
DIRECTOR COMPENSATION
Mr. and Mrs. Gordon do not receive fees for their service on the Board of Directors or committees. Other directors receive an annual fee of $43,000 plus $1,250 per meeting attended. Each member of the Audit Committee receives an annual retainer of $5,000 and each member of the Compensation Committee receives $1,250 per meeting attended. The Chairman of the Audit Committee receives an additional annual fee of $5,500. Board members are reimbursed for reasonable travel expenses in connection with attending meetings, and, in their capacity as ambassadors of the Company, receive free samples of the Company's products at Halloween and at other times throughout the year.
QuickLinks
- EXHIBIT 10.31
