EX-10 2 ex10-19.txt EXHIBIT 10.19 Exhibit 10.19 SUMMARY OF COMPENSATION ARRANGEMENTS WITH ALL DIRECTORS The following summarizes the current compensation and benefits received by the Company's directors. It is intended to be a summary of existing arrangements, and is in no way intended to provide any additional rights to any director. Retainer Fees As of January 1, 2005, the non-executive chairman of the Board of Directors will be paid $30,000 per annum. Meeting Fees All directors receive $1,000 attendance fee for attendance at each Board meeting. Equity Compensation None. Reimbursement of Expenses All directors are entitled to reimbursement of expenses for all services as a director.