EXHIBIT A
Exhibit 10.1
EXHIBIT A
RETAINERS, FEES AND SHARE OWNERSHIP GUIDELINES
Base Annual Retainer
| Capacity of Service | Annual Amount | Payment Schedule | |||
| Non-Employee Director | $ | 80,000 | Annually on the date of each annual meeting for the upcoming plan year | ||
Supplemental Annual Retainers
| Capacity of Service | Annual Amount | Payment Schedule | |||
| Chair or Co-Chair of the Board | $ | 160,000 | Quarterly on the first day of each calendar year | ||
| Chair of Audit Committee Chair of Compensation Committee Chair of Finance Committee Chair of Governance Committee Chair of Regulatory Compliance Committee | $ $ $ $ $ | 7,500 7,500 7,500 7,500 7,500 | Annually on the date of each annual meeting for the upcoming plan year | ||
Meeting Fees
| Type of Meeting | Meeting Fee* | Payment Schedule | |||
| Any Board or Committee meeting held in person (whether regularly scheduled or specially called) | $ | 2,000 | Quarterly in arrears, payable on the first day of the following quarter | ||
| Any Board or Committee meeting held by conference call (whether regularly scheduled or specially called) | $ | 500 | Same | ||
| * | A separate meeting fee is paid for each meeting attended, whether or not held on the same day. A single meeting fee is paid for a single meeting that covers more than one day. |
Special Project Fees
| Project | Fee | Payment Schedule | ||
| Special project undertaken at request of the Board in capacity as a Non - Employee Director | Up to $1,000 per day | Upon completion of project |
Minimum Stock Ownership Guidelines: 20,000 Shares. Once the guideline level has been achieved, the director is expected to hold such number of Shares until his or her termination as a director.
