This excerpt taken from the CCRT 10-Q filed Nov 5, 2007.
OUTSIDE DIRECTOR COMPENSATION PACKAGE
Effective January 1, 2008, CompuCredit Corporation (the Company) will pay each outside director who is independent in accordance with the NASDAQ and SEC rules governing director independence (an Eligible Director) the following for service to the Company:
In addition, the Chairman of the Audit Committee will receive an additional annual fee of $25,000. The Chairman of each of the Nominating and Corporate Governance Committee and the Compensation Committee will receive an additional annual fee of $5,000.
Each Eligible Director will also receive an annual award of the Companys equity with a value of $50,000 on the grant date. Each Eligible Director can elect to receive the equity award in one of the following forms:
The Company will also reimburse all reasonable out-of-pocket travel expenses that are incurred in connection with board and committee meetings.