Item 1.01 Entry into a Material Definitive Agreement.
On
Targeted aggregate annual Board compensation for 2023 shall be at the revised levels below and shall continue to be paid 60% in cash and 40% in stock. Cash compensation will be paid monthly in arrears and stock compensation will be paid quarterly in arrears with the stock valued at the average daily closing price in the last month of the quarter.
The Board approved the annual Board compensation for 2023 as noted in the table below.
Annual Compensation Target Board Member Audit Committee Chair Board Chair
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