This excerpt taken from the TNH 10-K filed Mar 23, 2005.
Board of Directors Compensation
Non-management directors of TNC each receive an annual retainer fee of $27,500 (payable quarterly) for their directorship, plus a fee of $1,200 for each TNC Board meeting attended and each Audit Committee and Nominating and Corporate Governance Committee meeting attended. In addition, the Audit Committee Chairman receives an additional $5,000 annual retainer (payable quarterly) and the Nominating and Corporate Governance Committee Chairman receives an additional $2,500 annual retainer (payable quarterly). The non-management directors of TNC received an increase in compensation at the January 23, 2004 Board meeting. No other director of TNC receives any compensation for serving as a director.