The Lynde and Harry Bradley Foundation, Inc.

Director Compensation and Insurance

Year Ended December 31, 1997

Fees

Board Member Annual Retainer Fee

(Effective 1/1/97)	$20,000

Board and Committee Meeting Fees (per attended meeting):

Chairman (Effective 1/1/97)	$1,250

Committee member (Effective 1/1/97)	$1,000

Reimbursable Expenses

Directors are eligible to receive reimbursement for travel and business expenditures

incurred in performing their Foundation responsibilities.

Insurance Coverage

Travel and Accident Insurance	$500,000

Directors and Officer Liability Insurance	$5,000,000

Deferred Compensation	Chairman only

Retirement Plan	None