Exhibit 99.1
Schedule of Annual Director Compensation
1. Retainer: | $60,000* | |
2. Member Meeting Fee: | none | |
3. Member Committee Fees: | $10,000 | |
4. Chair of Comp, Nominating or Governance: | $15,000 | |
5. Audit Chair Fee: | $20,000 | |
6. Annual Equity Award: | fixed dollar value of $100,000 | |
This award would be equally divided between stock options and full value restricted stock units with a vesting schedule of one third each year over a period of three years. | ||
7. Merchandise | $3,500 |
* | A director may elect to receive the $60,000 annual retainer as equity, equally divided between options and full value restricted stock units, which option and restricted stock units vest on the first anniversary of the grant date. |