Nonemployee Director Compensation for the year ended December 31, 2018
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.18 2 fmnb-ex1018_416.htm EX-10.18 fmnb-ex1018_416.htm
Exhibit 10.18
Director Compensation
Each director of Farmers National Banc Corp. (the “Corporation”) who is not an employee of the Corporation shall receive an annual retainer fee of $45,000. Directors with significant additional duties shall receive the following additional retainers: (i) $25,000 for the independent Chair of the Board of Directors; (ii) $20,000 for the independent Board Vice Chair; (iii) $10,000 for the Chair of the Executive Committee; and (iv) $5,000 for all other committee Chairs.
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