Document:

exv4w15

 

Exhibit 4.15

 

 

Exhibit 4.15

	 	 	 
	Patrick Gonsalves

Group Corporate Secretariat

29 August 2003

Sir Richard Broadbent

Detail Omitted
	 	 

54 Lombard Street

London

EC3P 3AH

Tel 020 7699 3512

Fax 0870 242 2733

patrick.gonsalves@barclays.co.uk

Dear Sir Richard

I am writing to you about your appointment as a Director of Barclays PLC and
Barclays Bank PLC with effect from 1 September 2003.

	1.	 	Fees

As a Non-Executive Director you will receive a fee of £50,000 per annum, payable monthly in
arrears by direct credit into your nominated bank account. In the event that you hold office
for part of the year the fees shall be pro-rated accordingly on the basis of one twelfth for
each complete or part month served. £20,000 of this fee will be paid in the form of Barclays PLC shares. Any reasonable out of pocket expenses that you incur in performing your duties as a Director (travelling expenses in attending Board meetings etc)
will be reimbursed in accordance with our standard expenses policy. The Board (with the Non-Executive Directors
abstaining) reviews the level of fees paid to Non-Executive Directors annually.

	2.	 	Terms of Your Appointment

The Directors, rather than
the shareholders in general meeting, have appointed you to the Boards of Barclays PLC and Barclays Bank PLC. As a consequence, you are required by legislation to seek re-election at the Barclays Annual General Meeting on 29 April 2004. As with all the directors, you will then normally be required to seek re-election at least every three years.

Your initial term of office will be for up to six years. On or before the sixth anniversary of your appointment we will agree with you whether it is appropriate for you to continue for up to another three years. All Non-Executive Directors have an annual review with the Chairman.

Your appointment as a Non-Executive Director may be terminated by us on six months notice (or immediately on payment of six months fees in lieu of notice) but would automatically terminate without any entitlement to notice or payment should you not be re-elected by Barclays PLC shareholders and/or should you be removed as a Director by shareholders. Should you wish to resign your appointment you are required to give us not less than six months notice.

Bairlays PLC. Registered in England. Registered No: 48839. Registered Office: 54 Lombard Street,
London EC3P 3AH

 

 

	3.	 	Time Commitment

The Board normally meets formally 10 times a year, including a full day strategy session in November and a two day overseas visit at some point during
the year, and will otherwise meet on an ad-hoc basis as required.

Directors are expected to attend each meeting of the Board, including those called on an ad-hoc basis to
discuss urgent matters, and to set aside sufficient time to consider the papers in respect of those meetings which are normally sent to Directors in the week prior to the meting. Directors are
also expected to attend the Barclays AGM, which is held in April each year.

	4.	 	Committees

The Chairman may invite you in due course to serve as a member of one or more of the Board Committees.
Additional fees will be paid for membership and attendance at these meetings, which will be discussed with you at the time, together with the time commitment involved.

	5.	 	Directors Share Qualification

Under our Articles of
Association, you will be required to hold £500 in nominal value (2,000 ordinary shares of 25p each) of
Barclays shares within two months of your appointment. If you would like any assistance in buying these shares please speak to me.
If you already hold Barclays shares, please let me know so that we
can update the statutory register of Directors’ interests and
make the necessary announcement under the UKLA’s Listing Rules.

	6.	 	Induction

As part of the induction of new Directors we encourage you to meet some of the key members of our senior management,
and we will agree a suitable induction programme with you shortly. Ongoing training and briefings on particular topics are also made available at the request of Directors.

I would be grateful if you would confirm receipt of this letter, and your acceptance of the conditional appointments as set out, by signing and returning the enclosed copy. I am available at any time to provide any information you may need.

Yours sincerely

 

Patrick Gonsalves

Head of Group Corporate Secretariat

 

	 	 	 	 	 
	Signed:

	 	 	 	 
	 	 	 	 	 
	 
	 	(SIR RICHARD BROADBENT)	 	 
	Date:

	 	01.09.03 	 	 
	 	 	 	 	 

- 2 -

 

Exhibit 4.15

	 	 	 
	Lawrence Dickinson

Group Secretary

28 June 2004

Sir Richard Broadbent

Detail Omitted

	 	 
54 Lombard Street

London

EC3P 3AH

Tel 020 7699 2454

Fax 020 7699 3690

lawrence.dickinson@barclays.co.uk

Dear Sir Richard

I write to confirm your appointment as Senior Independent Director of Barclays PLC and
Barclays Bank PLC (“the Boards”) with effect from 1 September 2004.

	1.	 	Fees

As Senior Independent Director you will receive a fee of £25,000 per annum, payable monthly in
arrears by direct credit into your nominated bank account. In the event that you hold office
for part of the year the fees shall be pro-rated accordingly on the basis of one twelfth for
each complete or part month served. This will be in addition to the fees that you receive from
being a member of the Boards and Board Committees. The Board (with the Non-Executive Directors
abstaining) reviews the level of fees paid to Non-Executive Directors (including your fee as
Senior Independent Director) annually.

	2.	 	Terms of Your Appointment

Your appointment will not be for a fixed term but will be reviewed annually with the Chairman.
Your appointment as Senior Independent Director and as a Non-Executive Director may be
terminated by us on six months notice (or immediately on payment of six months fees in lieu of
notice) but would automatically terminate without any entitlement to notice or payment if the
Barclays PLC shareholders do not re-elect you whenever you stand for re-election and/or if you
are removed from office by the shareholders.

The Board shall also reserve the right to reconsider your appointment as a Director and
therefore to terminate your appointment forthwith should there be any material change to your
personal circumstances that the Board believes may affect your appointment as a Director of
Barclays PLC and Barclays Bank PLC. A material change shall include, but not be limited to,
the following:

	•	 	Where you resign, retire or are removed from office from any of your other external
appointments (including, but not limited to, any other directorships).
	 
	•	 	Where you are appointed to any other company, corporate body or other entity
(internal or external), which has not been agreed in advance with the Chairman.
	 
	•	 	Where an incident occurs, which the Board considers could adversely affect the
reputation of the Croup.

Bairlays PLC. Registered in England. Registered No: 48839. Registered Office: 54 Lombard Street,
London EC3P 3AH

 

 

Where such a material change occurs, you must inform the Chairman as soon as possible. Should you
wish to resign your appointment, you are required to give us not less than six months notice.

	3.	 	Role

Attached to this letter is a role profile for your position as Senior Independent Director, which
has been agreed by the Board. The Board may change this role profile from time to time and the role
profile as amended shall, once notified to you, be deemed to form part of this letter in place of
the document attached.

	4.	 	Indemnity

I confirm that you can rely on the indemnity contained in Article 160 of Barclays Articles of
Association. In outline, the effect of that Article (as restricted by relevant statutory
provisions) is to provide an indemnity in respect of certain liabilities incurred by you in the
execution of your duties, provided that the liability does not arise by virtue of your negligence,
default, breach of duty or breach of trust in relation to the Bank. The indemnity is of course in
addition to any other protection available to you by virtue of provisions of statute, common law or
indeed any specific contract.

I should be grateful if you would confirm receipt of this letter, and your acceptance of the
appointment as set out, by signing and returning the enclosed copy. I am available at any time to
provide any information you may need.

Yours sincerely

Lawrence Dickinson

Group Secretary

- 2 -

 

I agree to the terms and conditions of my appointment as set out in this letter.

	 	 	 	 	 
	Signed:

	 	 	 	 
	 	 	 	 	 
	 
	 	SIR RICHARD BROADBENT	 	 
	Date:

	 	02.08.04 	 	 
	 	 	 	 	 

- 3 -

 

Role Profile of the Senior Independent Director

The role of the Senior Independent Director will be to:

	 	•	 	Meet with the Non-Executive Directors without the chairman present at least
annually to appraise the Chairman’s performance and on other such occasions as are deemed
appropriate.
	 
	 	•	 	Maintain contact as required with major shareholders to understand their issues and
concerns, including attending meetings where necessary with shareholders to listen to their
views in order to help develop a balanced understanding of the issues and concerns of major
shareholders.
	 
	 	•	 	Be available to shareholders if they have concerns relating to matters which contact
through the normal channels of Chairman, Chief Executive or Finance Director has failed to
resolve, or for which such contact is inappropriate.

 

Group Corporate Secretariat
June 2004exv4w16

 

Exhibit 4.16

 

 

Exhibit 4.16

	 	 	 
	Lawrence Dickinson

Group Secretary

11 February 2003

Prof. Sandra Dawson

Detail Omitted
	 	 

54 Lombard Street

London

EC3P 3AH

Tel 020 7699 2454

Fax 020 7699 3690

lawrence.dickinson@barclays.co.uk

 

Dear Sandra

I am writing to you with respect to your appointment as a Director of Barclays PLC and Barclays
Bank PLC with effect from 1 March 2003 and also to provide you with some further information which
you will need now that your appointment has been conditionally approved by the Board.

	1.	 	Fees

As a Non-Executive Director you will receive a fee of £50,000 per annum, payable monthly in arrears
by direct credit into your nominated bank account. In the event that you hold office for part of
the year the fees shall be pro-rated accordingly on the basis of one twelfth for each complete or
part month served. £20,000 of this fee will be paid in the form of Barclays PLC shares. You will
see that in the folder entitled ‘Forms for Directors’ there is an agreement setting out details in
respect of this remuneration in Barclays PLC shares which you are asked to sign and return. Any
reasonable out of pocket expenses that you incur in performing your duties as a Director will be
reimbursed in accordance with our expenses policy.

	2.	 	Terms of Your Appointment

Your appointment as a Non-Executive Director will be made by the Board rather than the shareholders
in general meeting. In consequence, you are required, under the Companies Act 1985 to seek
re-election at the Barclays Annual General Meeting on 24 April 2003. If at all possible, you
should attend the meeting for your re-election. As with all the directors you will then normally
be required to seek re-election by rotation every three years.

Your initial term of office will be for up to five years. On or before the fifth anniversary of
your appointment we will agree with you whether it is appropriate for you to continue for up to
another five years.

Your appointment as a Non-Executive Director may be terminated by us on six months notice (or
immediately on payment of six months fees in lieu of notice) but would automatically terminate
without any entitlement to notice or payment should you not be re-elected by Barclays PLC

 

 

Barclays PLC. Registered in England. Registered No: 48839. Registered Office: 54 Lombard Street, London EC3P 3AH

 

 

shareholders and/or should you be removed as a Director. Should you wish to resign your
appointment you are required to give us not less than six months notice.

	3.	 	Committees

The Chairman may invite you in due course to serve as a member of one or more of the Board
Committees. Additional fees will be paid for membership and attendance at these meetings and I
enclose a schedule of the fee structure currently in operation.

	4.	 	Directors Share Qualification

Under our Articles of Association, you will be required to hold £500 in nominal value (2,000
ordinary shares of 25p each) of Barclays shares within two months of your appointment. If you
would like any assistance in buying these shares please speak to me. [As a Director you will not
be able to do this until after we have announced our interim results on 13 February 2003]. If you
already hold Barclays shares, please let me know so that we can update the statutory register of
Directors’ interests and notify the Stock Exchange.

	5.	 	Administration

The ‘Forms for Directors’ folder contains various forms and questionnaires. I would be grateful if
you would complete and sign them where indicated and return them to me. If you need any assistance
in completing these forms please give me a call and I will be happy to help.

	6.	 	Induction

As part of the induction of new Non-Executive Directors we would encourage you to meet some of the
key members of our senior management team. Other Directors have found this a good way of gaining
an early understanding of the structure and business of the Barclays Group. If you would find this
helpful please contact me and I will make the necessary arrangements. Also enclosed is a copy of
our Group Governance Manual on CD ROM which describes the flow of authority from the Boards of
Barclays PLC and Barclays Bank PLC to the Businesses and explains how the Group is controlled.

I would be grateful if you would confirm receipt of this letter, and your acceptance of the
conditional appointment as set out, by signing and returning the enclosed copy. I am available at
any time to provide any support and information you may need.

Yours sincerely

 

Lawrence Dickinson

Group Secretary

- 2 -

 

	 	 	 	 	 
	Signed:

	 	 	 	(PROF. SANDRA DAWSON)
	 	 	 	 	 
	Date:

	 	 	 	 
	 	 	 	 	 

- 3 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00081-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00081-of-00352.parquet"}]]