TOWER BANCORP, INC. GRAYSTONE TOWER BANK
EX-10.3 2 dex103.htm SUMMARY SCHEDULE OF TOWER BANCORP, INC/GRAYSTONE TOWER BANK 2009 DIRECTOR FEES Summary Schedule of Tower Bancorp, Inc/Graystone Tower Bank 2009 Director Fees
Exhibit 10.3
TOWER BANCORP, INC.
GRAYSTONE TOWER BANK
2009 DIRECTOR FEES1
(Effective April 1, 2009)
| Annual Retainers: | Board members must attend in person or by phone 75% of meetings (Board and Committee meetings combined) to be paid retainer. Fees are paid quarterly. |
| Chairman | $ | 22,000 | |
| Audit Committee Chair | $ | 15,000 | |
| All Other Outside Directors | $ | 12,000 |
| Board Meeting Fees: | Per regular Board meeting attended; no fee for Committee meetings. |
| Holding Company | $ | 600 | |
| Bank | $ | 600 |
| 1 | Outside Directors Only |
