Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 1341

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 10
Chunk 1341
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, paid $250 for one unanimous written consent, and paid $250 for his certification regarding our discontinued operation in 2023.
Mr. Billingsley received $46,565 interest for deferred and unpaid relocation expenses and $137,365 in previously accrued unpaid medical
expenses. Because relocation expenses are now paid in full, no interest will accrue in future periods.

(3)
In 2024, our accrual for estimated retirement and other benefits to Mr. Billingsley increased by $40,066. This consisted of $5,600 accrued
sick pay, $17,138 accrued vacation pay, and $17,328 accrued officer severance pay.

In
2023, our accrual for estimated retirement and other benefits to Mr. Billingsley increased by $349,039. This consisted of $5,000 accrued
sick pay, $15,000 accrued vacation pay, and $342,488 accrued officer severance pay, less a reduction of accrued relocation costs of $13,449
due to payment of the previously accrued costs.

Director
Compensation

The
following table sets forth information concerning the compensation of directors of Mentor, other than Mr. Billingsley, for the year ended
December 31, 2024.

    Director Name 
    Fees Earned or Paid In Cash ($)  
    Bonus ($)  
    Stock Awards ($)  
    Option Awards ($)  
    Non-Equity Incentive Plan Compensation ($)  
    Nonqualified Deferred Compensation ($)  
    All Other Compensation ($)  
    Total ($) 
  
    Robert B. Meyer 
     15,000(1) 
     0  
     0  
     0  
     0  
     0  
     0  
     15,000 
  
    David G. Carlile 
     5,000(1) 
     0  
     0  
     0  
     0  
     0  
     0  
     5,000 
  
    Lori J. Stansfield 
     16,250(1) 
     0  
     0  
     0  
     0  
     0  
     2,925(2) 
     19,175 

(1)
Mr. Meyer and Ms. Stansfield were paid $2,500 per meeting for their attendance at four regular