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Our non-employee directors receive the following annual compensation:
| Director Compensation |
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| Annual retainer |
$ 75,000 |
| Annual restricted stock grant of class A common stock |
$ 110,000 |
| Retainer, Audit Committee chairperson |
$ 20,000 |
| Retainer, all other committee chairpersons |
$ 10,000 |
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Upon joining the Board, a new non-employee director receives a restricted stock grant of class A common stock in the amount of $25,000. Employee directors receive no additional compensation for Board-related activities.
See the 2007 proxy statement for a detailed discussion of director compensation.
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