DIRECTOR COMPENSATION

EX-10.10 4 ewbc1010k12312016.htm EXHIBIT 10.10 Exhibit


Exhibit 10.10
 
DIRECTOR COMPENSATION
 
 The following compensation arrangements have been established for the Board of Directors of the Company: All outside directors receive an annual retainer of $45,000. The chairpersons of the Strategic Advisory Committee, the Audit Committee, the Compensation Committee, the Risk Oversight Committee and the Nominating/Corporate Governance Committee, for these services, receive annual retainers of $70,000, $20,000, $20,000, $15,000 and $12,500, respectively. The individual filling the lead director role receives an annual retainer of $60,000. In addition, outside directors also receive a meeting fee of $1,500 for each Committee meeting attended and an annual grant of $100,000 of stock. No separate compensation is paid to directors who are employees of the Company.