Deferral Agreement Schedule for Director Vicki G. Roman (First Horizon National Corporation)
This agreement between First Horizon National Corporation and director Vicki G. Roman outlines the deferral of her director fees earned in 1994 and 1995. The fees will be paid to her in a lump sum upon retirement. Interest on the deferred amount will accrue at a rate based on 10-year U.S. Treasury securities. The agreement specifies the payment terms and interest calculation method, ensuring the deferred compensation is paid out after her service ends.
Exhibit 10.7(d)
Filing note:
Exhibit 10(j) to FHN’s Annual Report on Form 10-K for the year 1995 was a schedule of deferral agreements with directors. Only a single director listed in old exhibit 10(j) currently is a director of FHN. This exhibit 10.7(d), being filed with FHN’s 2018 Form 10-K, contains the text of the old exhibit as it relates to the remaining director; all obsolete portions of the old exhibit are omitted from this exhibit.
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SCHEDULE OF DEFERRAL AGREEMENTS
NAME | DATE | AMOUNT | TERMS(1) | |||
Vicki G. Roman | 12-30-94 | 1-95 Director Fees | Lump Sum on retirement |
1) | Terms column lists (1) the number of payments, (2) whether semiannually, annually or lump sum, and (3) payment commencement date. |
All agreements dated prior to 1991 provide that interest shall accrue at the Corporation’s annual cost of money, as determined by the Corporation. All other agreements accrue interest at a rate based on 10-year U.S. Treasury securities. |