EX-99 41 directorcomp.htm DIRECTOR COMPENSATION SCHEDULE

Exhibit 99.3

The South Financial Group, Inc.

Director Compensation Schedule - Effective July 1, 2009

 

Element

Amount

 

 

Annual Retainer

$45,000

Board Meeting Fees (per meeting)

$1,000

Chairman Retainers:

 

     Chairman of the Board

$50,000

     Vice Chairman of the Board

$20,000

     Audit Committee Chairman

$25,000

     Compensation Committee Chairman

$20,000

     Risk Committee Chairman

$15,000

Committee Member Retainers (non-chairman)

 

     Risk, Compensation, Executive *

$10,000

     Audit

$12,500

Healthcare

Grandfather current board, but eliminate for future directors

Charity Match

Eliminate

 

* Assumes Nominating and Corporate Governance Committee will be held in conjunction with an already-scheduled Executive Committee.