Buffalo Wild Wings 2006 Annual Report Download - page 64

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EXHIBIT 10.22
BUFFALO WILD WINGS, INC.
Director Compensation Arrangements
As of January 1, 2007
Effective as of January 1, 2007, the compensation for the directors who are not our employees was determined to be as
follows:
Board Members (all):
Cash
$20,000 per year, payable quarterly
Restricted Stock Units*: $20,000 in value
Restricted Stock Units**: 1,000 shares
Audit Committee Non-chair Members: $8,000 per year, payable quarterly
Compensation Committee Non-chair Members: $8,000 per year, payable quarterly
Governance/Nominating Committee Non-chair
Members:
$8,000 per year, payable quarterly
Executive Committee Non-chair Members: $4,000 per year, payable quarterly
Board Chair: $5,000 per year, payable quarterly
Audit Committee Chair: $16,000 per year, payable quarterly
Compensation Committee Chair: $16,000 per year, payable quarterly
Governance/Nominating Committee Chair: $10,000 per year, payable quarterly
Executive Committee Chair: $5,000 per year, payable quarterly
*Annual grant of restricted stock units to be granted as of the first day of each fiscal year, with the number of units to be
granted determined by dividing $20,000 by the closing price at fiscal year end. These units vest to the extent of 33-1/3% on
the last day of each fiscal year, and the risks of forfeiture lapse as to such increment, if we achieve 95% of our earnings target
established by our Board of Directors.
**Annual grant of immediately-vested 1,000 restricted stock units to be granted as of the first day of each fiscal year.
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