EX-10.9 (Summary of Non-Employee Director Compensation)

EX-10.9 2 exhibit10-9.htm SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION exhibit10-9.htm
 
Exhibit 10.9
Director Compensation
 
Effective June 1, 2012, non-employee director compensation is as follows:
 
         
Committee Service
  
   
Board Service
    
Audit
    
Compensation
    
Nominating and
Governance
  
Annual retainer
   $ 45,000                    
Restricted stock (value), one year vesting
   $ 150,000                    
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
           $ 7,500     $ 5,000     $ 5,000  
Meeting fee
   $ 1,500     $ 1,500     $ 1,500     $ 1,500