Director Fee Arrangements for Capitol Federal Financial, Inc. and Capitol Federal Savings Bank (Effective October 1, 2014)
This agreement outlines the compensation for non-employee directors of Capitol Federal Financial, Inc. and Capitol Federal Savings Bank. Starting October 1, 2014, each non-employee director will receive a total annual retainer of $60,000, paid monthly, for serving on both boards. Previously, the total was $50,000. John B. Dicus, as Chairman, President, and CEO, will receive $24,000 annually for his service as Chairman of both entities. The agreement specifies the payment structure and amounts for board service.
Director Fee Arrangements Exhibit 10.9
Effective October 1, 2014, each non-employee director of Capitol Federal Financial, Inc. (the "Company") will receive an annual retainer, paid monthly, of $30,000 for his or her service on the board of directors of Capitol Federal Savings Bank (the "Bank") and $30,000 for his or her service on the Company's board of directors ($60,000 in total). Currently, each non-employee director of the Company receives an annual retainer, paid monthly, of $25,000 for his or her service on the board of directors of the Bank and $25,000 for his or her service on the Company’s board of directors ($50,000 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 Chairman of the Bank and Company.
