Description of Arrangement for Directors Fees
EX-10.15 2 exhibit1015descriptir.htm EXHIBIT 10.15 Exhibit 10.15 Description of Arrangement for Director Fees
EXHIBIT 10.15
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 2015.
Event | Amount | ||
Annual Retainer | $ | 32,000 | |
Board Meeting Attended | $ | 1,200 | |
Telephonic Board Meeting | $ | 600 | |
Committee Meeting Attended | $ | 1,200 | |
Telephonic Committee Meeting | $ | 600 | |
Annual Retainer for Lead Director | $ | 22,500 | |
Annual Retainer for the Chair of the Audit Committee | $ | 15,000 | |
Annual Retainer for the Chair of the Compensation Committee | $ | 10,000 | |
Annual Retainer for the Chair of the Nominating & Corporate Governance Committee | $ | 7,500 | |
Annual Retainer for the Chair of the Compensation Committee | $ | 10,000 | |
