Description of Director Fee Arrangements for Capitol Federal Financial and Capitol Federal Savings Bank Directors
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Compensation Agreements
Summary
This document outlines the compensation for non-employee directors of Capitol Federal Financial and Capitol Federal Savings Bank. Each non-employee director receives an annual retainer of $22,000 from each entity, totaling $44,000, paid monthly. John B. Dicus, who serves as Chairman, President, and CEO, receives a reduced annual retainer of $12,000 from each entity, totaling $24,000, for his director service. The arrangement specifies the payment amounts and structure for board service.
EX-10.9 2 directorfee.htm DESCRIPTION OF DIRECTOR FEE ARRANGEMENTS directorfee.htm
Director Fee Arrangements Exhibit 10.9
Each non-employee director of Capitol Federal Financial (the "Company") receives an annual retainer, paid monthly, of $22,000 for his or her service on the board of directors of Capitol Federal Savings Bank (the "Bank") and $22,000 for his or her service on the Company's board of directors ($44,000 in total).
John B. Dicus, Chairman of the Board, President and Chief Executive Officer is paid $12,000 by the Bank and $12,000 by the Company ($24,000 in total) for his service as a director of the Bank and Company.
