Attached files
Exhibit
10.12
Summary
of Director Compensation
|
Description
|
Amount*
|
|
Annual
Retainer
|
$20,000
|
|
Fee
per meeting for attendance (in person or telephonically) at any of the
five (5) regularly scheduled Board meetings
|
$3,000
|
|
Annual
Restricted Stock Award
|
$100,000
|
|
Lead
Independent Director
|
$
12,500
|
|
Annual
Audit Committee Chair Fee
|
$10,000
|
|
Annual
Compensation Committee Chair Fee
|
$5,000
|
|
Annual
Nominating/Corporate Governance Committee Chair Fee
|
$2,500
|
|
Fee
per meeting for attendance (in person or telephonically) at any meeting of
the Board called to address a significant issue(s) outside of the normal
course of business
|
$2,500
per meeting
|
|
Fee
per meeting for attendance (in person or telephonically) at any committee
meeting called to address a significant issue(s) outside of the normal
course of business
|
$1,250
per meeting
|
_______________
* The
compensation referred to in the above table is only available to independent
directors.