1)	The CEO/President's compensation was negotiated by contract. All other employees are paid approximate market rates at date of hire. Annual raises for employees, excluding the President, are based on a pool of funds that are allocated according to merit and position changes. Raises and adjustments for position changes are approved by the Board. Board compensation has not changed in several years. The retainer paid to Board members varies by position. The Chairman, committee chairmen and directors without chair duties are paid different retainers. Separate meeting fees are paid.