C&F FINANCIAL CORPORATION SCHEDULE OF NON-EMPLOYEE DIRECTORS ANNUAL COMPENSATION Effective December 21, 2004
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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. |
