Exhibit 10.8

Schedule of Board Fees

The Compensation Committee and Board of Directors of Lakeland Financial Corporation adopted the following fee schedule effective January 1, 2006:

Annual Director Retainer:	$	10,000
Annual Audit Committee Chairman Retainer:	$	12,000
Annual Lead Director Retainer:	$	11,000
Board Meeting Fee:	$	1,125	per meeting
Committee Meeting Fee:	$	600	per meeting