Company: FCRX
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001133228-25-003192
Chunk: 18

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 18
---
 skills, experience
and perspective, among other factors, with a view toward the needs of the Board as a whole.

A
current copy of the Corporation’s Nominating Committee Charter is available on the Corporation’s website at https://www.crescentbdc.com/investor-relations/corporate-governance.

Compensation
Committee

The
Compensation Committee is composed of Ms. Briscoe, Ms. Lee and Messrs. Segal, Strandberg and Strong, all of whom are Independent
Directors. Mr. Strandberg serves as Chairman of the Compensation Committee. The Compensation Committee is responsible for (i) determining,
or recommending to the Board of Directors for determination, the compensation paid directly, if any, by the Corporation to the Corporation’s
chief executive officer and any other executive officers of the Corporation, (ii) directly appointing, compensating and overseeing work
of any compensation consultant, legal counsel, or other adviser retained by the Compensation Committee, and (iii) assisting the Board
of Directors of the Corporation with matters related to compensation generally.

A
current copy of the Corporation’s Compensation Committee Charter is available on the Corporation’s website at https://www.crescentbdc.com/investor-relations/corporate-governance.

Compensation
of Executive Officers and Directors

Executive
Officers

The
executive officers of the Corporation and the Interested Director receive no direct compensation from the Corporation. As described in
greater detail below, the Corporation has agreed to reimburse the Administrator for its allocable portion of the compensation paid to
or compensatory distributions received by the Corporation’s Chief Financial Officer, CCO and other executive officers of the Corporation,
and any of their respective staff who provide services to the Corporation.

Independent
Directors

During
the period of January 1, 2024 to December 31, 2024, each of the Corporation’s Independent Directors received (i) an annual
fee of $105,000, and (ii) $2,500 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with attending each regular
Board meeting and $1,000 for each special Board meeting. The Corporation’s Independent Directors also received $1,000 plus reimbursement
of reasonable out-of-pocket expenses incurred in connection with each committee meeting attended. The Chairman of the Audit Committee
received an additional annual fee of $12,500. The Chairperson of the Nominating Committee and the Compensation Committee received an additional
annual fee of $5,000