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This excerpt taken from the AYR DEF 14A filed Apr 3, 2009. DIRECTOR
COMPENSATION
In February 2009, the Board approved an increase in the annual
fees paid to Messrs. Allen, Hacker, Kukral, Merriman and
Ueberroth, to US$60,000 and Audit, Compensation and Nominating
and Corporate
Table of Contents
Governance Committee service fees to US$10,000 for members and
US$15,000 for chairs. These fee increases were adopted to
reflect the additional commitments required of directors and to
bring our directors’ cash compensation more in line with
other similar companies. Each of such five directors was also
granted 25,000 supplemental restricted common shares, vesting on
January 1, 2010, having aggregate value for each as of the
grant date equal to approximately US$70,200.
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