C&F Financial Corporation Schedule of Non-Employee Directors’ Annual Compensation

Summary

This document outlines the annual compensation for non-employee directors of C&F Financial Corporation, effective December 21, 2004. Non-employee directors receive a $6,000 annual retainer, paid quarterly, with an additional $1,600 for serving as a committee chair. Directors are also paid $500 per day for attending board or committee meetings, and $250 for each additional meeting attended on the same day.

EX-10.14 7 dex1014.htm SCHEDULE OF C&F FINANCIAL CORPORATION Schedule of C&F Financial Corporation

EXHIBIT 10.14

 

C&F FINANCIAL CORPORATION

 

SCHEDULE OF NON-EMPLOYEE DIRECTORS’ ANNUAL COMPENSATION

 

Effective December 21, 2004

 

     Amount

 

Retainer Fees(1)

        

Service as a Director

   $ 6,000  

Service as a Committee Chair

   $ 1,600  (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 or committee meeting attendance and a fee of $250 for secondary meeting attendance for each additional Corporation board, Bank board or committee meeting held on the same day as a meeting for which the base meeting fee is paid.