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, 2009:

Annual Director Retainer:	$	15,000
Annual Audit Committee Chairman Retainer:	$	19,000
Annual Lead Director and Compensation Committee Chairman Retainer:	$	19,000
Annual Governance Committee Chairman Retainer:	$	16,000
Board Meeting Fee:	$	800	per meeting
Committee Meeting Fee:	$	700	per meeting