Tri-S Security Corporation Summary of Board Compensation
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EX-10.5 2 dex105.htm SUMMARY OF BOARD COMPENSATION Summary of Board Compensation
Exhibit 10.5
Tri-S Security Corporation
Summary of Board Compensation
As of May 2, 2008
On May 2, 2008, the Board of Directors of (the “Board”) of Tri-S Security Corporation (the “Company”) amended the compensation arrangement for the independent directors to provide as follows:
| • | The Company shall pay each independent director $18,000 per year for service on the Board plus $1,500 for each meeting of the Board and each meeting of a committee of the Board attended by such director. |
| • | The Company shall reimburse each independent director for all travel expenses incurred in connection with travel to and from Board and committee meetings. |
