Attached files

file filename
EX-31.2 - EXHIBIT 31.2 - FOUR OAKS FINCORP INCfofn12312015ex312.htm
EX-32.1 - EXHIBIT 32.1 - FOUR OAKS FINCORP INCfofn12312015ex321.htm
EX-32.2 - EXHIBIT 32.2 - FOUR OAKS FINCORP INCfofn12302015ex322.htm
EX-31.1 - EXHIBIT 31.1 - FOUR OAKS FINCORP INCfofn12312015ex311.htm
EX-23 - EXHIBIT 23 - FOUR OAKS FINCORP INCex23auditorconsent.htm
EX-10.8 - EXHIBIT 10.8 - FOUR OAKS FINCORP INCex108espbpamendmentno3.htm
EX-10.20 - EXHIBIT 10.20 - FOUR OAKS FINCORP INCex1020jeffpopearemployment.htm
EX-10.23 - EXHIBIT 10.23 - FOUR OAKS FINCORP INCex1023warrenherringaremplo.htm
EX-10.22 - EXHIBIT 10.22 - FOUR OAKS FINCORP INCex1022deannahartemployment.htm
EX-4.3 - EXHIBIT 4.3 - FOUR OAKS FINCORP INCex43agreementtofurnishlong.htm
EX-10.21 - EXHIBIT 10.21 - FOUR OAKS FINCORP INCex1021lisaherringaremploym.htm
EX-10.19 - EXHIBIT 10.19 - FOUR OAKS FINCORP INCex1019davidrupparemploymen.htm
10-K - 10-K - FOUR OAKS FINCORP INCfofn1231201510k.htm
Exhibit 10.12

Summary of Non-Employee Director Compensation

Monthly Board Compensation

Each non-employee member of our board of directors (the “Board”) is paid the following fees per month based on his or her role:

Chairman of the Board

$1,600

Lead Independent Director

$1,600

Member of the Board

$1,275


Committee Attendance Compensation

Each non-employee committee member is paid the following fee for each committee meeting he or she attends based on his or her role on such committee:

Chairman of the Committee

$375

Member of the Committee

$325


Equity Compensation

Non-employee Board members may be eligible for equity awards from time to time at the discretion of the Board.