Attached files
Exhibit 10.5
Pinnacle Bankshares Corporation
Directors’ Annual Compensation
As of December 31, 2009
| Annual Retainer |
Amount | |
| Service as Director for the Company |
$2,000 | |
| Service as Director for the Bank |
$4,000 | |
| Additional Committee Chair Annual Retainer |
||
| Service as Chair of Audit Committee |
$1,500 | |
| Service as Chair of Compensation Committee |
$1,000 | |
| Meeting Fees (Non-Employee Directors) |
||
| Committee Meetings for the Company |
$250 per meeting | |
| Committee Meetings for the Bank |
$250 per meeting | |