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 ex10_15.htm
Exhibit 10.15
SCHEDULE OF NON-EMPLOYEE DIRECTORS’ ANNUAL COMPENSATION
OF
C&F FINANCIAL CORPORATION
Effective January 1, 2012
| Amount | ||||
| Annual Retainer Fees 1 | ||||
| Service as a Director | $ | 9,000 | ||
| Service as Chairman of Audit Committee | $ | 5,00 (additional) | ||
| Service as Chairman of Compensation Committee | $ | 4,00 (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. |
