Barclays 2010 Annual Report Download - page 180

Letters of appointment
The Group Chairman, Deputy Chairman and non-executive Directors have individual letters of appointment. Each non-executive Director appointment
is for an initial six year term, renewable for a single term of three years thereafter. The terms of the letters of appointment of each non-executive Director
are shown in Table 16.
All non-executive Directors are standing for re-election at the 2011 AGM.
Table 16: Terms of letters of appointment
Effective
date
Notice
period
from the
Company
Potential
compensation
for loss
of office
Group Chairman
Marcus Agius 1st Jan 2007 12 months
12 months
contractual
remuneration
Non-executive Directors
David Booth 1st May 2007 6 months 6 months fees
Sir Richard Broadbent 16th July 2009 6 months 6 months fees
Alison Carnwath 1st Aug 2010 6 months 6 months fees
Fulvio Conti 1st Apr 2006 6 months 6 months fees
Simon Fraser 10th Mar 2009 6 months 6 months fees
Reuben Jeffery III 16th July 2009 6 months 6 months fees
Sir Andrew Likierman 1st Sep 2004 6 months 6 months fees
Dambisa Moyo 1st May 2010 6 months 6 months fees
Sir Michael Rake 1st Jan 2008 6 months 6 months fees
Sir John Sunderland 1st June 2005 6 months 6 months fees
Former non-executive Directors
Mr Clifford resigned as a non-executive Director with effect from 30th September 2010. Mr Clifford did not receive a termination payment. Mr Clifford’s
remuneration for 2010 is shown in Table 17 and the terms of his letter of appointment are shown in Table 18.
Table 17: Former non-executive Director fees
Total
2010
£000
Total
2009
£000
Leigh Clifford 103 123
Mr Clifford is also a member of the Asia Pacific Advisory Committee and received fees of US$60,000 (2009: US$60,000). These fees are included in
those shown above.
Table 18: Terms of letter of appointment
Effective
date
Notice
period
from the
Company
Potential
compensation
for loss
of office
Leigh Clifford 1st October 2004 6 months 6 months fees
Corporate governance
Remuneration report continued
178 Barclays PLC Annual Report 2010 www.barclays.com/annualreport10