Webster Financial Corporation Director Fee Arrangement Effective April 2016

Summary

Webster Financial Corporation has established a fee structure for its outside directors, effective April 2016. The arrangement specifies annual retainers for board service and additional fees for serving as chair or member of key committees, including Audit, Compensation, Nominating & Corporate Governance, and Risk Committees. The Lead Director receives a higher annual retainer. This arrangement outlines the compensation directors receive for their governance and oversight responsibilities.

EX-10.10 2 exhibit1010descriptionofar.htm EXHIBIT 10.10 Exhibit


EXHIBIT 10.10

Description of Arrangement for Directors Fees

The table below sets forth the amount of fees payable to outside directors of Webster Financial Corporation for their services as Directors, effective April 2016.

Event
Amount
Annual Board Retainer - Lead Director
$
61,500

Annual Board Retainer - Director
$
42,000

Annual Audit Committee Retainer - Chair
$
24,000

Annual Audit Committee Retainer - Member
$
9,000

Annual Compensation Committee Retainer - Chair
$
16,000

Annual Compensation Committee Retainer - Member
$
6,000

Annual Nominating & Corporate Governance Committee Retainer - Chair
$
12,000

Annual Nominating & Corporate Governance Committee Retainer - Member
$
4,500

Annual Risk Committee Retainer - Chair
$
20,000

Annual Risk Committee Retainer - Member
$
6,000