Schedule of C&F Financial Corporation Non-Employee Directors' Annual Compensation
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.15 4 ex10_15.htm EXHIBIT 10.15
Exhibit 10.15
SCHEDULE OF NON-EMPLOYEE DIRECTORS' ANNUAL COMPENSATION
OF
C&F FINANCIAL CORPORATION
Effective January 1, 2013
| | Amount |
| Annual Retainer Fees 1 | |
| Service as a Director | $9,000 |
| Service as Chairman of Audit Committee | $5,000 (additional) |
| Service as Chairman of Compensation Committee | $4,000 (additional) |
| | |
| | |
| Meeting Fees 2 | |
| Base per day | $500 |
| Secondary meeting(s) per day | $250 |
_________________
| 1 | The retainer fees are payable in quarterly installments |
| 2 | All non-employee directors receive a base meeting fee of $500 per day for Corporation board, Bank board, Bank subsidiary board or committee meeting attendance and a fee of $250 for secondary meeting attendance for each additional Corporation board, Bank board, Bank subsidiary board or committee meeting held on the same day as a meeting for which the base meeting fee is paid. |
