Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
accomplish, acquireMutualFirst, ago, assumption, atMutualFirst, beenMutualFirst, began, block, center, Chicago, circumvention, clarify, consensusreached, consulting, contest, COSO, criteria, decided, decision, delayed, detail, deter, discourage, discouraging, disinterested, eastern, Elkhart, essentially, expose, FAS, faster, fifteen, flattening, forMutualFirst, Framework, fromMutualFirst, fromone, Hamilton, holder, hostile, hurt, IfMutualFirst, inApril, Integrated, intense, issuable, lose, Lynne, main, mandatorily, millionat, northern, opportunity, outpacing, pertain, pressure, prevent, prevention, prime, privilege, proven, quickly, ratified, recovery, reliability, relocated, removeMutual, REO, Richardson, rose, salary, scale, seasoned, settled, shape, shaped, shell, show, slower, Sponsoring, staggered, Star, statutory, strategic, successfully, supermajority, Syracuse, takeover, thereon, Topic, Treadway, unauthorized, unfavorably, unknown, unqualified, variable, vibrant, volatile, Widner, withinMutualFirst
Filing tables
Filing exhibits
MFSF similar filings
Filing view
External links
EXHIBIT 10.2
Each director ofMutualFirst Financial, Inc. (the "Company") also is a director of Mutual Federal Savings Bank (the "Bank"). For 2006, each non-employee director receives an annual fee of $26,400 for serving on the Bank's Board of Directors. In addition to this annual fee, Wilbur R. Davis receives a $5,000 annual fee for serving as Chairman of the Board of Directors of the Bank. Directors are not compensated for their service on the Company's Board of Directors.
The Bank maintains deferred compensation arrangements with some directors which allows them to defer all or a portion of their Board fees and receive income when they are no longer active directors. Deferred amounts earn interest at the rate of 10 percent per year.