INDEPENDENT BANK CORP
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 31, 2023 · Filed Mar 28, 2024
Contents
Director Deferred Compensation Program
The Company has established the 2019 Nonqualified Deferred Compensation Plan for Non-Employee Directors (the “Deferred Compensation Program”) to permit non-employee directors who choose to participate to defer all or a portion of their cash compensation.
Participating directors may defer all or a portion of their cash compensation into a choice of diversified investment portfolios comprised of stocks, bonds and cash. Participating directors will receive cash distributions following their departure from the Board. None of the Company’s non-employee directors chose to defer their cash compensation during fiscal year 2023.
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