This excerpt taken from the AFCE DEF 14A filed Apr 22, 2008.
DIRECTOR COMPENSATION FOR 2007
We use a combination of cash and stock-based compensation to attract and retain qualified candidates to serve on the Board of Directors. In setting director compensation, the Board of Directors considers the significant amount of time that Directors expend in fulfilling their duties to us as well as the experience and skills of the Board member.
Upon election to the Board at our annual meeting of shareholders, members of the Board who are not our employees receive an annual cash retainer of $45,000. The Director who serves as chair of the Audit Committee receives $10,000 annually in addition to the annual cash retainer. The Directors who serve as chairs of the Corporate Governance and Nominating Committee and People Services (Compensation) Committee each receive $5,000 annually in addition to the annual cash retainer. Additionally, all members of the Board of Directors receive an annual grant of restricted stock units of our common stock equal in value to the amount of $50,000 as of the date of the grant.
The following table includes information regarding the compensation paid to our non-employee Directors and one employee Director (Cheryl A. Bachelder) for 2007.