EX-10.7 (Summary of Non-Employee Director Compensation)
EX-10.7 2 exhibit10-7.htm SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION exhibit10-7.htm
Exhibit 10.7
Director Compensation
Effective January 1, 2014, non-employee director compensation is as follows:
| Committee Service | ||||||||||||||||
| Board Service | Audit | Compensation | Nominating and Governance | |||||||||||||
| Annual retainer | $ | 58,500 | ||||||||||||||
| Restricted stock (value), one year vesting | $ | 157,500 | ||||||||||||||
| Committee chair annual retainer | $ | 25,000 | $ | 15,000 | $ | 15,000 | ||||||||||
| Committee chair restricted stock (value) | $ | 25,000 | $ | 15,000 | $ | 15,000 | ||||||||||
| Committee member annual retainer | $ | 10,000 | $ | 5,000 | $ | 5,000 | ||||||||||
| Meeting fee | $ | 1,500 | $ | 1,500 | $ | 1,500 | $ | 1,500 | ||||||||
