Attached files

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EXCEL - IDEA: XBRL DOCUMENT - FIRST US BANCSHARES INCFinancial_Report.xls
EX-23 - EX-23 - FIRST US BANCSHARES INCd825311dex23.htm
EX-21 - EX-21 - FIRST US BANCSHARES INCd825311dex21.htm
EX-32 - EX-32 - FIRST US BANCSHARES INCd825311dex32.htm
EX-31.1 - EX-31.1 - FIRST US BANCSHARES INCd825311dex311.htm
EX-10.9 - EX-10.9 - FIRST US BANCSHARES INCd825311dex109.htm
EX-31.2 - EX-31.2 - FIRST US BANCSHARES INCd825311dex312.htm
10-K - 10-K - FIRST US BANCSHARES INCd825311d10k.htm

Exhibit 10.20

USBI and FUSB

BOARD and COMMITTEE FEES

USBI Fees to Non-Employee Directors Monthly:

 

Non-Employee Directors

$   600

Chairperson

$1,350 ($600 + $750)

Attendance Fee

$   500 Per Meeting Attended

FUSB Board Fees Monthly:

 

Non-Employee Directors

$ 400   

Committee Fees, Paid Per Meeting Attended:

 

Non-Employee Directors of All Committees

$ 250   

Chairperson, Audit

$ 400   

Chairperson, Compensation

$ 400   

Chairperson, Nominating, Executive & Corporate Governance

$ 400   

Chairperson, ALC Board

$ 400   

Board Fees for Directors of ALC and FUSB Reinsurance, Inc.:

 

Non-Employee Directors

$ 250 Per Meeting Attended   

Mileage:

Any non-employee director attending a board, committee, or special meeting outside the county in which he/she resides, will be paid mileage at the Bank’s rate. Any officer or employee will be paid mileage if a company vehicle is not assigned to the respective employee.

Other Expense:

Any non-employee director that may incur expense for travel, customer entertainment or other such bank-related expense shall complete the Bank’s standard reimbursement claim form and submit it to the CEO. If approved by the CEO, the non-employee director will be reimbursed for such bank- related expense according to existing Bank policy.

Any non-employee director attending a training meeting, or similar meeting, will be compensated as attending a committee meeting ($250).