Description of Arrangement for Directors FeesFee Agreement |
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Exhibit 10.1
Description
of Arrangement for Directors Fees
The following sets forth the amount of fees
payable to outside directors of Webster Financial Corporation for their
services as Directors, effective April 21, 2005:
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Event |
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Fee |
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Annual Retainer |
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$25,000 payable in the form
of shares of restricted stock pursuant to the 2001 Directors Retainer Fees
Plan. |
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Board Meeting Attended |
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