Lakeland Financial (LKFN) 10-K 2015 FY Annual report

Exhibit 10.9

Schedule of Board Fees

The Compensation Committee and Board of Directors of Lakeland Financial Corporation adopted the following fee schedule effective January 1, 2016:

Annual Director Retainer:	$	25,000
Annual Audit Committee Chairman Retainer:	$	35,000
Annual Lead Director and Governance Committee Chairman Retainer:	$	35,000
Annual Compensation Committee Chairman Retainer:	$	30,000
Annual Corporate Risk Committee Chairman Retainer	$	30,000
Board Meeting Fee:	$	1,000	per meeting
Committee Meeting Fee:	$	1,000	per meeting
Annual stock grant:		1,250	shares