Exhibit 99.1
Schedule of Annual Director Compensation
1. Retainer: |
$60,000* | |
2. Member Meeting Fee: |
none | |
3. Member Committee Fees: |
$10,000 | |
4. Chair of Comp, Nominating or Governance: |
$15,000 | |
5. Audit Chair Fee: |
$20,000 | |
6. Annual Equity Award: |
fixed dollar value of $100,000 | |
This award would be equally divided between stock options and full value restricted stock units with a vesting schedule of one third each year over a period of three years. | ||
7. Merchandise |
$3,500 |
* | A director may elect to receive the $60,000 annual retainer as equity, equally divided between options and full value restricted stock units, which option and restricted stock units vest on the first anniversary of the grant date. |