Document:

exv4w17

 

Exhibit 4.17

 

 

Exhibit 4.17

 

	 	 	 
	 
	 	BARCLAYS BANK PLC

54 LOMBARD STREET

LONDON EC3P 3AH
	 
	 
	A.N.R.
Rudd, Esq., FCA.,

Detail Omitted
	 	1st August, 1995
	 

I am very pleased that you
have agreed to be elected as a non-Executive Director of Barclays in
early 1996. I have discussed the details of the election with Howard
Trust, the Secretary of the Bank, and we have decided that at the
December Board we will discuss the intention to appoint you and then
make the actual appointment at the Board on the 1st February,
when I hope you would also be able to attend for the first time. The
announcement would, therefore, be made on the 1st February 1996.

A list of the Board dates in
1996 is enclosed, together with the dates of the Audit Committees. I
have included the latter because you agreed that you would be willing
to become a member of the Audit Committee.

The fees for a non-Executive
Director of Barclays is currently £23,040. In addition, a member
of the Audit Committee is paid a further fee of £3,000 and an attendance fee
of £500 for each Committee meeting attended.

I look forward to the
1st February 1996 when you will join us.

A.R.F. Buxton

Enc:

Regulated by IMRO and the
Personal Investment Authority.

Barclays Bank PLC represents only the Barclays Marketing Group for
life assurance, pensions and unit trust business.

Registered in London, England. Reg. No: 1026167. Reg. Office: 54 Lombard Street, London EC3P 3AH

 

 

 

	 	 	 
	Lawrence Dickinson

Group Secretary

28 June 2004

Sir Nigel Rudd

Detail Omitted
	 	 

 

54 Lombard Street

London

EC3P 3AH

Tel 020 7699 2454

Fax 020 7699 3690

lawrence.dickinson@barclays.co.uk

Dear Sir Nigel

I write to confirm your
appointment as Deputy Chairman of Barclays PLC and
Barclays Bank PLC with effect from 1 September 2004.

	1.	 	Fees

As Deputy Chairman you will
receive a fee of £150,000 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, after
tax and national insurance, will be used to purchase
Barclays PLC shares twice per year, in February and August.
These shares will be held on your behalf until you leave the Board.
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

Your appointment will not be for a fixed term but will be reviewed annually with the Chairman.
Your appointment as Deputy Chairman 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).

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

 

 

	•	 	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.

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 as Deputy Chairman, 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.	 	Committees

You will be expected to serve as a member of one or more of the Board Committees. No additional fees will be paid for membership of those Committees.

	5.	 	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, 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 NIGEL RUDD	 	 
	Date:

	 	 	 	 
	 	 	 	 	 

- 3 -exv4w18

 

Exhibit 4.18

 

 

Exhibit 4.18

	 	 	 
	Howard Trust

Group General Counsel

and Group Secretary

24 October 2000

Stephen Russell Esq

Detail Omitted
	 	 
54 Lombard Street

London

EC3P 3AH

Tel 020 7699 2953

Fax 020 7699 3414

howard.trust@barclays.co.uk

Dear Mr Russell,

I am writing to you formally to confirm your appointment as a Non-Executive Director of Barclays
PLC and Barclays Bank PLC. This appointment is conditional and will only become effective upon
completion of the acquisition of Woolwich PLC which is expected to be on or about 25 or 26 October
2000.

	1.	 	Fees
	 
	 	 	As a Non-Executive Director you will receive a fee of £36,040 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. £7,500 (net of tax) of this fee will be received 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 has been made by the Board to be effective when the
acquisition of Woolwich is completed. Your initial term would be for up to five years. On the
fifth anniversary of your appointment we would agree with you whether it was appropriate for you
to continue for up to another five years. All Non-Executive Directors have an annual review with
the
Chairman.
	 
	 	 	As your appointment has been made by the Board rather than the shareholders in general meeting
you are required, under the Companies Act, to seek re-election at our 2001 Annual General
Meeting. As with all Directors you will then be required to seek re-election by rotation
approximately every three
years.

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

 

 

Stephen Russell Esq

The Boots Company Plc

24 October 2000

	 	 	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 or, other than at our request, resign as a
Director. Should you wish to resign your appointment you are required to give us not less than
six months notice.
	 
	3.	 	Committees
	 
	 	 	You will be expected, in due course, at the invitation of the Chairman, 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.
	 
	4.	 	Directors Share Qualification
	 
	 	 	You should also be aware that under our Articles of Association you would be required to hold
500 Barclays shares within two months of your appointment. Obviously your Woolwich shares will
be exchanged for Barclays shares but if you would like any assistance in acquiring the
remainder needed please speak to my deputy, Alison Dillon on 020 7699 2454.
	 
	5.	 	Administration
	 
	 	 	The ‘Forms for Directors’ folder contains various forms and questionnaires which we have
completed with the help of Chris Fletcher-Smith of Woolwich. I would be grateful if you would
review them, sign them where indicated and return them to Alison Dillon.
	 
	 	 	If you need any assistance in completing these forms please give Alison a call and she will
be happy to help.
	 
	 	 	Please could you also provide three copies of a recent photograph, size 6” x 4”.
	 
	6.	 	Induction
	 
	 	 	Enclosed with this letter is a ‘Directors Information’ pack. If you would like any further
information or would find it helpful, to gain an early understanding of the structure and
business of the Barclays Group, to meet some of the key members of our senior management team
then please contact Alison Dillon and she will make the necessary arrangements.
	 
	 	 	Also enclosed is a copy of our Group Governance Manual which describes the flow of
authority from the Boards of Barclays PLC and Barclays Bank PLC to the Business Groupings
and explains how the Group is controlled. The next update of the Manual, taking into account
Valued Based Management and the integration of the Woolwich business is planned for the end
of this year.

- 2 -

 

Stephen Russell Esq

The Boots Company Plc

24 October 2000

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

Encs

	 	 	 	 	 
	Signed:

	 	 	 	 
	 	 	 	 	 
	 
	 	STEPHEN RUSSELL	 	 
	Date:

	 	 	 	 
	 	 	 	 	 

- 3 -

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