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

EX-10.9 3 exhibit10-9.htm SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION exhibit10-9.htm
 


Exhibit 10.9

Director Compensation

Effective June 1, 2010, non-employee director compensation is as follows:

         
Committee Service
 
   
Board
 Service
   
Audit
   
Compensation
   
Nominating and
Governance
 
Annual Retainer
  $ 45,000                    
Restricted Stock (value), three year vesting
  $ 115,000                    
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
          $ 5,000     $ 3,000     $ 3,000  
Meeting Fee
  $ 1,500     $ 1,500     $ 1,500     $ 1,500