Director Fee Arrangements for Capitol Federal Financial and Capitol Federal Savings Bank Board Members
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Summary
This document outlines the compensation for non-employee directors of Capitol Federal Financial and Capitol Federal Savings Bank. Each non-employee director receives a total annual retainer of $40,000, paid monthly, for serving on both boards. No extra fees are given for attending meetings. Directors John C. Dicus and John B. Dicus receive a higher annual retainer of $24,000 each. The agreement specifies the payment structure and amounts for board service.
EX-10.9 2 ex10_9.htm CFFN EXHIBIT 10.9 Exhibit 10.9
Exhibit 10.9
Director Fee Arrangements
Each non-employee director of Capitol Federal Financial (the "Company") receives an annual retainer, paid monthly, of $20,000 for his or her service on the board of directors of Capitol Federal Savings Bank (the "Bank") and $20,000 for his or her service on the Company's board of directors ($40,000 in total). No additional fees are paid for attending board or board committee meetings of either the Bank or the Company.
Directors John C. Dicus, Chairman of the Board, and John B. Dicus, President and Chief Executive Officer, are each paid $24,000.