EX-10.13 10 ex-10d13.htm EX-10.13

Exhibit 10.13

SCHEDULE OF NON-EMPLOYEE DIRECTORS’ ANNUAL COMPENSATION

OF

ATLANTIC UNION BANKSHARES CORPORATION

Effective January 1, 2020

| Amount
Annual Retainer Cash Fees (1) |
Service as a Director | $35,000
Service as Chairman of the Board of Directors | $80,000 (additional)
Service as Vice Chairman of the Board of Directors | $20,000 (additional)
Service as Chairman of Audit Committee | $20,000 (additional)
Service as Chairman of Compensation Committee | $13,500 (additional)
Service as Chairman of Risk Committee | $15,000 (additional)
Service as Chairman of Nominating and Corporate Governance Committee | $10,000 (additional)
Service as Chairman of Trust Committee | $10,000 (additional)
Members of Audit, Compensation, Risk, Nominating and Corporate Governance and Trust Committees | $8,000 (additional)
Meeting Fees Per Meeting |
Executive Committee (in person) | $1,000
Executive Committee (telephonic lasting under an hour) | $500
Meetings above the maximum number of meetings during the year | $1,000
Equity Compensation |
In addition to cash compensation, non-employee directors receive an annual stock retainer of $50,000 paid quarterly in advance in unrestricted shares of the Company’s common stock.
(1) The retainer fees are payable in advance in quarterly installments. |