Attached files
| file | filename |
|---|---|
| EX-10.28 - EXHIBIT 10.28 - DYNEX CAPITAL INC | a2017form10-kexx1028execut.htm |
| EX-32.1 - EXHIBIT 32.1 - DYNEX CAPITAL INC | a2017form10-kexx321soxcert.htm |
| EX-31.2 - EXHIBIT 31.2 - DYNEX CAPITAL INC | a2017form10-kexx312cfocert.htm |
| EX-31.1 - EXHIBIT 31.1 - DYNEX CAPITAL INC | a2017form10-kexx311ceocert.htm |
| EX-23.1 - EXHIBIT 23.1 - DYNEX CAPITAL INC | a2916form10-kexx231bdocons.htm |
| EX-21.1 - EXHIBIT 21.1 - DYNEX CAPITAL INC | a2017form10-kexx211consoli.htm |
| EX-12.1 - EXHIBIT 12.1 - DYNEX CAPITAL INC | a2017form10-kexx121ratioof.htm |
| 10-K - 10-K - DYNEX CAPITAL INC | a2017form10-k.htm |
Exhibit 10.18
Dynex Capital, Inc.
Non-Employee Directors’ Annual Compensation
As of January 1, 2018
Cash Compensation
Annual retainer
Non-Employee Director $ 60,000
Additional annual retainers
Chairperson of the Board $ 25,000
Audit Committee Chair $ 20,000
Compensation Committee Chair $ 5,000
Nominating & Corporate
Governance Committee Chair $ 5,000
Annual retainers are payable in quarterly installments, prorated for the number of months served in the case of a change during the calendar year.
Excess meeting fee
In addition to the annual retainers, non-employee directors will also receive a cash fee of $1,000 for each meeting of the Board of Directors attended above 15 meetings per year and for each Board Committee meeting attended as a member above 15 meetings per year.
Equity Compensation
Non-employee directors will also receive an annual grant of restricted shares of the Company’s common stock with a grant date fair value of $60,000, which shares will vest at the end of one year. The shares are to be granted on the first Friday following the annual meeting of shareholders.