DONALD J. KRAMER - Corporate Board Profile

LENDWAY, INC.

Filing Date	Source Excerpt
2006-04-03	Donald J. Kramer (73) Chairman of the Board of Directors 2002... The current members of the Audit Committee are Mr. Kramer... The Compensation Committee consists of Mr. Stofer, Mr. Kramer and Mr. Ramsdell... The current members of the Nominating and Corporate Governance Committee are Mr. Stofer, Mr. Kramer and Mr. Ramsdell... During 2005 outside directors received a fee of $10,000 per year and $1,000 for each Board meeting... The Chair of each committee received $1,000 for each meeting of the committee.
2007-04-18	Donald J. Kramer was elected Chairman of the Board of Directors in March 2004 and has been a director since December 2002. ... The current members of the Audit Committee are Mr. Kramer, Mr. Ramsdell and Mr. Stofer ... The Compensation Committee currently consists of Mr. Stofer, Mr. Kramer and Mr. Ramsdell ... The current members of the Nominating and Corporate Governance Committee are Mr. Stofer, Mr. Kramer and Mr. Ramsdell ... The following table summarizes the compensation paid by the Company to non-employee directors for the fiscal year ended December 31, 2006. Donald J. Kramer $19,250 Fees Earned or Paid in Cash, $5,990 Option Awards, Total $25,240.
2008-04-09	Donald J. Kramer was elected Chairman of the Board of Directors in March 2004 and has been a director since December 2002. ... The Audit Committee members include Mr. Kramer. ... The Compensation Committee members include Mr. Kramer. ... The Nominating and Corporate Governance Committee members include Mr. Kramer. ... Director Compensation table shows Donald J. Kramer total compensation $49,162.
2009-04-06	Donald J. Kramer was elected Chairman of the Board of Directors in March 2004 and has been a director since December 2002. Until 1996, he was a principal of TA Associates, a private equity capital firm located in Boston, Massachusetts. Mr. Kramer has been a director of numerous public and private companies over the course of his career. During 2008, outside directors received a fee of $10,000 per year and $1,000 for each Board meeting ($250 for each conference call meeting) that they attended. In addition, the Chair of each committee received $1,000 for each meeting of the committee, and members of the committee received $500 for each meeting of the committee that they attended. The 2003 Incentive Stock Option Plan provides for the grant to each non-employee director of a non-qualified option to purchase 10,000 shares of common stock at the time the director is first elected or appointed to the Board, and grants of non-qualified options for 5,000 shares each year that the director is re-elected. During 2008, the Chairman of the Board of Directors received a grant of a non-qualified option to purchase 25,000 shares of common stock rather than a grant of a non-qualified option to purchase 5,000 shares of common stock. All grants have an exercise price equal to the closing market price on the date of grant. The following table summarizes the compensation paid by the Company to non-employee directors for the fiscal year ended December 31, 2008. Donald J. Kramer $ 19,000 $ 25,621 $ 44,621
2010-04-13	Donald J. Kramer (77) Chairman of the Board and Director 2002... During 2009, outside directors received a fee of $10,000 per year and $1,000 for each Board meeting... The Chairman of the Board of Directors received a grant of a non-qualified option to purchase 25,000 shares... Donald J. Kramer Fees Earned or Paid in Cash $17,250 Option Awards $42,227 Total $59,477... The Audit Committee members are Mr. Kramer, Mr. Derycz and Mr. Stofer... The Compensation Committee members are Mr. Stofer, Mr. Kramer and Mr. MacDonald... The Nominating and Corporate Governance Committee members are Mr. Stofer, Mr. Kramer and Mr. MacDonald.
2011-04-12	Donald J. Kramer (78) Chairman of the Board and Director 2002 ... During 2010, three outside directors received a fee of $10,000 per year, while the Chairman of the Board received a fee of $25,000 per year, and all outside directors also received $1,000 for each Board meeting ($250 for each conference call meeting) that they attended. In addition, the Chair of each committee received $1,000 for each meeting of the committee, and members of the committee received $500 for each meeting of the committee that they attended. ... Donald J. Kramer $34,250 fees earned or paid in cash, $12,194 option awards, total $46,444.
2012-04-10	The members of the Audit Committee are: Mr. Kramer, Mr. Derycz and Mr. Stofer... The Compensation Committee are Mr. Stofer, Mr. Kramer and Mr. MacDonald... The members of the Committee are Mr. Stofer, Mr. Kramer and Mr. MacDonald... Director Compensation 6 Fiscal Year 2011... Donald J. Kramer $35,250 Fees Earned or Paid in Cash, $10,435 Option Awards, Total $45,685.