Magnera (MAGN) 8-K Entry into a Material Definitive Agreement

P. H. Glatfelter Company

Summary of Non-Employee Director Compensation
(effective January 1, 2005)

Type	Frequency	Amount
Board Retainer (1)	Annually	$	22,000
Committee chairperson retainer	Annually		4,000
Board retreat	Annually		1,500
Board or committee meetings	Per meeting		1,000
Other: Restricted Stock Units (2)	Annually		15,000

(1) Annual retainer two-thirds of which will consist of shares of Glatfelter common stock and one-third in cash.

(2) Restricted stock units with a grant-date value of $15,500 vesting ratably over a three year period.