EXHIBIT 10.26

                      Shenandoah Telecommunications Company

                     Compensation for Non-Employee Directors

Monthly Fees

      Each director receives a cash fee of $1,000 per month. The Company pays
its non-employee directors this fee in arrears on a monthly basis.

Meeting Fees

      Each director receives a cash fee of $800 for each board of directors
meeting attended. Committee members are paid cash fees of $200 for each
committee meeting attended in person or $100 for each committee meeting in which
they participate by conference call when such meetings are not held in
conjunction with a board of directors meeting. The Company pays its non-employee
directors these fees in arrears on a monthly basis.

Expenses

      Directors are reimbursed for the out-of-pocket expenses they incur in
attending director education programs.