Attached files
EXHIBIT
10.11
During
the Company’s Board of Directors meeting held on November 16, 2009, the Board
approved compensation increases paid to non-employee directors. The
following table reflects the compensation effective January 1, 2010, and the
compensation previously paid to non-employee Directors.
Compensation
Effective January 1, 2010
|
Previous
Compensation
|
|||||||
Base
compensation, per annum
|
$ | 30,000 | $ | 25,000 | ||||
Attendance
fee per meeting
|
1,000 | -- | ||||||
Additional
annual compensation for
Chairman
of the Audit Committee
|
5,000 | 5,000 | ||||||
Additional
annual compensation for
Chairman
of the Compensation Committee
|
2,500 | -- | ||||||
Additional
annual compensation for
Chairman
of the Nominating and Corporate
Governance
Committee
|
2,500 | -- |