Exhibit 10.1
MERCURY GENERAL CORPORATION BOARD FEES
YEAR 2005
| PRIOR FEES | CURRENT FEES | |||||
Board of Directors Quarterly Retainer | $ | 2,500 | $ | 3,000 | ||
Board of Directors Per Meeting Fee | $ | 2,500 | $ | 3,000 | ||
Audit Committee Per Meeting Fee | $ | 2,000 | $ | 2,500 | ||
Audit Committee Chair Annual Retainer | none | $ | 1,500 | |||
Nominating/Corporate Governance Committee Per Meeting Fee | $ | 1,000 | $ | 1,000 | ||
Nominating/Corporate Governance Committee Chair Per Meeting Fee | none | $ | 1,500 | |||
Nominating/Corporate Governance Committee Chair Annual Retainer | none | $ | 1,500 | |||
Compensation Committee Per Meeting Fee | $ | 500 | $ | 500 | ||
Compensation Committee Chair Compensation | $ | 100 per hour | $ | 150 per hour | ||
