EX-10.6 2 exhibit106descriptionofarr.htm EX-10.6 Document

EXHIBIT 10.6

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 2020.

EventAmount
Annual Board Retainer - Lead Director$76,000 
Annual Board Retainer - Director$54,000 
Annual Audit Committee Retainer - Chair$24,000 
Annual Audit Committee Retainer - Member$11,000 
Annual Compensation Committee Retainer - Chair$20,000 
Annual Compensation Committee Retainer - Member$8,000 
Annual Nominating & Corporate Governance Committee Retainer - Chair$13,000 
Annual Nominating & Corporate Governance Committee Retainer - Member$5,000 
Annual Risk Committee Retainer - Chair$20,000 
Annual Risk Committee Retainer - Member$8,000