SYNOVUS FINANCIAL CORP. Board of Directors Compensation (Effective April 23, 2015) Cash CompensationAnnual Board Retainer$50,000Annual Board Committee Member Retainers:Audit Committee $15,000Compensation Committee $10,000Corporate Governance and Nominating Committee $10,000Risk Committee $10,000Annual Committee Chair Retainers:**Audit Committee $15,000Compensation Committee $10,000Corporate Governance and Nominating Committee $10,000Risk Committee$10,000Annual Lead Director Retainer$10,000

EX-10.1 2 snv-03312015xex101.htm EXHIBIT 10.1 SNV-03.31.2015-Ex 10.1

Exhibit 10.1
SYNOVUS FINANCIAL CORP.
Board of Directors Compensation
(Effective April 23, 2015)
 
 
 
 
 
 
Cash Compensation
 
 
 
 
 
 
 
 
 
Annual Board Retainer
 
$
50,000
 
 
 
 
 
 
Annual Board Committee Member Retainers:
 
 
 
 
   Audit Committee
 
$
15,000
 
   Compensation Committee
 
$
10,000
 
   Corporate Governance and Nominating Committee
 
$
10,000
 
   Risk Committee
 
$
10,000
 
 
 
 
 
 
Annual Committee Chair Retainers:**
 
 
 
 
   Audit Committee
 
$
15,000
 
   Compensation Committee
 
$
10,000
 
   Corporate Governance and Nominating Committee
 
$
10,000
 
   Risk Committee 
 
$
10,000
 
 
 
 
 
 
Annual Lead Director Retainer
 
$
10,000
 


 
 
 
 
**
 
Note: The committee chair will receive both an annual committee member retainer and an annual committee chair retainer.

 
 
 
 
 
 
Equity Compensation
 
 
 
 
 
 
 
 
 
An award of $55,000 in restricted stock units, which becomes fully vested and transferable upon the earlier to occur of the (x) completion of three years of service and (y) date the holder reaches age 72. 
 
 
 
 
 
 
 
Director Stock Purchase Plan
 
 
 
 
 
 
 
 
 
Annual maximum company cash contribution per director participant to company-sponsored open market stock purchase plan, with company’s contribution equal to 15% of director participant’s cash contribution, subject to annual maximum contribution limit by director of $20,000
 


$


3,000