Form: 10-Q

Quarterly report pursuant to Section 13 or 15(d)

March 10, 2017

EXHIBIT 10.1

SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION

 

Annual Retainer

   $ 75,000 (1) 

Annual Equity Award

   $ 120,000 (2) 

Chair of the Board

   $ 120,000  

Committee Annual Cash Retainers:

  

Audit Committee Chair

   $ 20,000  

Audit Committee Member

   $ 5,000  

Compensation and Personnel Committee Chair

   $ 20,000  

Nominating and Corporate Governance Committee Chair

   $ 10,000  

 

(1)

The annual retainer is payable in cash or restricted stock units, at the election of the non-employee director.

(2)

The annual equity award is payable in the form of restricted stock units.