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New words:
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Removed:
accept, achieving, arm, assigning, bifurcated, case, characteristic, closed, commence, continually, conversion, country, County, court, debit, decreasing, Diego, dramatic, earlier, earning, eventual, exist, expanding, facility, favor, floor, health, hire, Houston, hurt, immaterial, incenting, incremental, integration, interchange, introduce, jury, licensing, likelihood, line, merger, Metro, MetroBank, municipal, noncumulative, perpetual, phased, plaintiff, produced, prohibition, remediation, repeal, repurchasing, request, resolving, restated, retrospectively, revise, satisfied, schedule, Seattle, SNL, stand, Superior, threatened, Thrift, unconditionally, unused, verdict, Western
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Exhibit 10.10
DIRECTOR COMPENSATION
The following compensation arrangements have been established for the Board of Directors of the Company: All outside directors receive an annual retainer of $60,000. The chairpersons of the Strategic Advisory Committee, the Audit Committee, the Compensation Committee, the Risk Oversight Committee and the Nominating/Corporate Governance Committee, for these services, receive annual retainers of $70,000, $20,000, $20,000, $20,000 and $12,500, respectively. The individual filling the lead director role receives an annual retainer of $70,000. In addition, outside directors also receive a meeting fee of $1,500 for each Committee meeting attended and an annual grant of $120,000 of stock. No separate compensation is paid to directors who are employees of the Company.