Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - Gyrodyne, LLC | ex_108331.htm |
| EX-31.1 - EXHIBIT 31.1 - Gyrodyne, LLC | ex_108330.htm |
| EX-21.1 - EXHIBIT 21.1 - Gyrodyne, LLC | ex_108455.htm |
| 10-K - FORM 10-K - Gyrodyne, LLC | gyrllc20171231_10k.htm |
Exhibit 10.4
Compensation of Directors
Compensation of members of the board of directors of Gyrodyne, LLC is structured as a flat annual fee payable monthly. The annual director fee payable to each director is $42,000 per year (which includes attendance at board meetings and committee meetings). In addition, the Chairman also receives a fee equal to $78,000 per year for total compensation of $120,000 per year. Directors are entitled to be reimbursed for travel and other expenses related to company business.