ROBERT P. ADELMAN - Corporate Board Profile

NORTH EUROPEAN OIL ROYALTY TRUST

Filing Date	Source Excerpt
2001-01-09	Robert P. Adelman serves as the Chairman of both committees and Samuel M. Eisenstat and Willard B. Taylor serve as members of both committees. During fiscal 2000 the Audit Committee and the Compensation Committee met formally two times and one time respectively and had several additional informal meetings and communications. During fiscal 2000, each Trustee was paid a fee of $27,149 pursuant to a formula contained in the Trust Agreement.
2002-01-03	Robert P. Adelman serves as the Chairman of both committees and Samuel M. Eisenstat and Willard B. Taylor serve as members of both committees. Following her appointment as Trustee on April 26, 2001, Rosalie J. Wolf began to serve as a member of the Audit Committee and the Compensation Committee. During fiscal 2001 the Audit Committee and the Compensation Committee each met formally one time and had several additional informal meetings and communications.
2003-01-08	Robert P. Adelman serves as the Chairman of both committees and Samuel M. Eisenstat, Willard B. Taylor and Rosalie J. Wolf serve as members of both committees. During fiscal 2002 the Audit Committee and the Compensation Committee met formally seven times and one time, respectively, and each had several additional informal meetings and communications. During fiscal 2002, each Trustee was paid a fee of $38,754 pursuant to a formula contained in the Trust Agreement.
2004-01-07	During fiscal 2003, each Trustee was paid a fee of $35,247.44 pursuant to a formula contained in the Trust Agreement. Robert P. Adelman received additional compensation at an annual rate of $8,000 for serving as Audit Committee Chairman.
2004-12-29	During fiscal 2004, each Trustee was paid a fee of $32,264.68 pursuant to a formula contained in the Trust Agreement. Robert P. Adelman received additional compensation at an annual rate of $9,500 for serving as Audit Committee Chairman.
2006-01-06	During fiscal 2005, each Trustee was paid a fee of $40,132.46 pursuant to a formula contained in the Trust Agreement. Robert P. Adelman received additional compensation at an annual rate of $10,000 for serving as Audit Committee Chairman.
2006-12-28	During fiscal 2006, each Trustee was paid a fee of $56,207.74 pursuant to a formula contained in the Trust Agreement. Robert P. Adelman received additional compensation at an annual rate of $10,000 for serving as Audit Committee Chairman.
2008-01-04	Robert P. Adelman 77, is a director or trustee of various profit and non-profit companies. Mr. Adelman has been a Trustee since 1987. ... Robert P. Adelman -Managing Trustee Fees Earned or Paid in Cash ($) 85,383 Total ($) 85,383 ... The Trustees set the additional compensation for Mr. Adelman for his service as Managing Trustee at an annual rate of $30,000.
2009-01-06	Robert P. Adelman, 78, is a director or trustee of various profit and non-profit companies. Mr. Adelman has been a Trustee since 1987.
2010-01-06	Robert P. Adelman, 79, has been retired from full-time employment in excess of five years. He is a director or trustee of various profit and non-profit companies. Mr. Adelman has been a Trustee since 1987. Mr. Adelman holds a law degree, served as the chief financial officer of a major property company owner and developer, as chief executive of a mining and road-building corporation, and as director of numerous other enterprises. He has been involved in the representation of royalty owners for the Trust or a parallel royalty rights owner for over fifty years, and has monitored and negotiated the royalty payments during that time. Trustee Compensation: Robert P. Adelman - Managing Trustee $90,470. The Trustees have designated a standing Audit Committee and a standing Compensation Committee. Samuel M. Eisenstat serves as the Chairman of both committees and Robert P. Adelman, Willard B. Taylor and Rosalie J. Wolf serve as members of both committees.
2011-01-04	Robert P. Adelman, 80, has been retired from full-time employment in excess of five years. Mr. Adelman has been involved in the representation of the Trust, as a Trustee since 1987... Effective January 1, 2010, the Trustees set the additional compensation for Mr. Adelman for his service as Managing Trustee at an annual calendar rate of $37,000... Trustee Fees Earned ($) 75,639 Total Compensation ($) 75,639
2012-01-10	Robert P. Adelman, 81, has been retired from full-time employment in excess of five years. Mr. Adelman has been involved in the representation of the Trust, as a Trustee since 1987... Effective January 1, 2010, the Trustees set the additional compensation for Mr. Adelman for his service as Managing Trustee at an annual calendar rate of $37,000... Trustee Fees Earned ($) $87,350.
2013-01-10	Robert P. Adelman, 82, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust, as a Trustee since 1987, and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. Trustee Compensation Set forth below is a table summarizing the compensation earned by the Trustees during fiscal 2012. Name Trustee Fees Earned ($) All Other Compensation ($) Total Compensation ($) Robert P. Adelman - Managing Trustee $87,430 $0 $87,430 ... The Trustees have designated a standing Audit Committee and a standing Compensation Committee. Samuel M. Eisenstat serves as the Chairman of both committees. Robert P. Adelman, Willard B. Taylor and Rosalie J. Wolf serve as members of both committees.
2014-01-10	Robert P. Adelman, 83, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. ... Trustee Compensation ... Robert P. Adelman - Managing Trustee $82,812 ... The Audit Committee ... Robert P. Adelman ... The Trustees have designated a standing Audit Committee and a standing Compensation Committee. ... Robert P. Adelman, Willard B. Taylor and Rosalie J. Wolf serve as members of both committees.
2014-12-30	Robert P. Adelman, 84, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. ... Trustee Compensation ... Robert P. Adelman - Managing Trustee $80,278 total compensation ... The Trustees set the additional compensation for Mr. Adelman for his service as Managing Trustee at an annual calendar rate of $40,000.
2016-01-11	Robert P. Adelman, 85, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has designated a standing Audit Committee and a standing Compensation Committee. Robert P. Adelman, Willard B. Taylor and Rosalie J. Wolf serve as members of both committees. ... Trustee Compensation: Robert P. Adelman - Managing Trustee, Trustee Fees Earned $67,953.
2017-01-11	Robert P. Adelman, 86, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. ... Set forth below is a table summarizing the compensation earned by the Trustees during fiscal 2016. ... Robert P. Adelman - Managing Trustee $53,931 total compensation. ... The Trustees have designated a standing Audit Committee and a standing Compensation Committee. ... Robert P. Adelman, Willard B. Taylor and Rosalie J. Wolf serve as members of both committees.
2017-12-28	Robert P. Adelman, 87, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. ... Trustee Compensation ... Robert P. Adelman − Managing Trustee ... TotalCompensation ($) ... $53,708 ... The Trustees have designated a standing Audit Committee and a standing Compensation Committee. Ahron H. Haspel serves as the Chairman of both committees. Robert P. Adelman and Willard B. Taylor serve as members of both committees.
2019-01-02	Robert P. Adelman, 88, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. ... Set forth below is a table summarizing the compensation earned by the Trustees during fiscal 2018. Robert P. Adelman - Managing Trustee $54,406 total compensation.
2020-01-02	Robert P. Adelman, 89, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. ... The Compensation Committee has reviewed and discussed the Compensation Discussion and Analysis (which is set forth above) with management. ... Ahron H. Haspel, Chairman Robert P. Adelman Lawrence A. Kobrin Nancy J. Prue Willard B. Taylor ... Trustee Compensation ... Robert P. Adelman - Managing Trustee ... $56,718 ... The Trustees have designated a standing Audit Committee and a standing Compensation Committee. Ahron H. Haspel serves as the Chairman of both committees. Robert P. Adelman, Nancy J. Prue and Willard B. Taylor serve as members of both committees.
2021-01-04	Robert P. Adelman, 90, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. ... The compensation of the Trustees is set by the Trust Agreement based on the application of a formula with respect to gross royalty and interest. ... Robert P. Adelman - Managing Trustee $48,104 total compensation in 2020. ... The Trustees have designated a standing Audit Committee and a standing Compensation Committee. Ahron H. Haspel serves as the Chairman of both committees. Robert P. Adelman, Nancy J. Prue and Willard B. Taylor serve as members of both committees.
2022-01-03	Robert P. Adelman, 91, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has reviewed and discussed the Compensation Discussion and Analysis ... Ahron H. Haspel, Chairman Robert P. Adelman Nancy J. PrueLawrence A. Kobrin Willard B. Taylor ... Trustee Compensation ... Robert P. Adelman - Managing Trustee $49,337 ... The Trustees have designated a standing Audit Committee and a standing Compensation Committee. Ahron H. Haspel serves as the Chairman of both committees. Robert P. Adelman, Nancy J. Prue and Willard B. Taylor serve as members of both committees.
2023-01-03	Robert P. Adelman, 92, has been retired from full-time employment for more than five years. Mr. Adelman has represented the Trust as a Trustee since 1987 and as Managing Trustee since 2006. ... The Compensation Committee has not historically retained any compensation consultants to assist it in this process and has not done so currently. ... Trustee Compensation ... Robert P. Adelman - Managing Trustee $64,406 total compensation ... The Trustees have designated a standing Audit Committee and a standing Compensation Committee. Ahron H. Haspel serves as the Chairman of both committees. Robert P. Adelman, Nancy J. Prue and Willard B. Taylor serve as members of both committees.