TOREADOR RESOURCES CORP
SUMMARY SHEET: 2007 DIRECTOR COMPENSATION
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<TYPE>EX-10.21
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<DESCRIPTION>SUMMARY SHEET: 2007 DIRECTOR COMPENSATION
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt">EXHIBIT 10.21 SUMMARY SHEET: 2007 NON-EMPLOYEE DIRECTOR COMPENSATION PLAN
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    <TD width="3%" nowrap align="left">1.</TD>
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    <TD>Each director shall receive an aggregate annual cash stipend of $15,000 to be paid in
quarterly installments.</TD>
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</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
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    <TD width="3%" nowrap align="left">2.</TD>
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    <TD>Each director shall receive $2,000 cash for each face-to-face meeting of the Board
attended.</TD>
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    <TD width="3%" nowrap align="left">3.</TD>
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    <TD>Each director shall receive $1,500 cash for each telephonic meeting of the Board
attended.</TD>
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    <TD width="3%" nowrap align="left">4.</TD>
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    <TD>Each board committee member shall receive $500 cash for each board committee meeting
attend in conjunction with a face-to-face board meeting.</TD>
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    <TD width="3%" nowrap align="left">5.</TD>
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    <TD>Each board member shall receive $1,500 cash for each board committee meeting attended,
whether stand alone, telephonic or face-to-face, except as noted in paragraph (4)&nbsp;above.</TD>
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    <TD width="3%" nowrap align="left">6.</TD>
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    <TD>The audit committee chairman shall receive an additional aggregate cash stipend of
$50,000 to be paid in quarterly installments and an additional 1,000 shares of restricted
stock.</TD>
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    <TD width="3%" nowrap align="left">7.</TD>
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    <TD>The chairman of each other committee shall receive an additional aggregate cash stipend
of $3,000 to be paid in quarterly installments.</TD>
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    <TD width="3%" nowrap align="left">8.</TD>
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    <TD>Each director shall receive annually an aggregate of 3,000 shares of restricted stock.</TD>
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