Summary Sheet of Compensation for Named Executive Officers for Fiscal 2006

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the annual base salaries, target bonus percentages, and performance share awards for several named executive officers for the 2006 fiscal year. The agreement specifies the compensation structure for each executive, including salary amounts, bonus targets for two six-month periods, and performance share targets for a three-year period. The parties involved are the company and its named executive officers. The document sets clear compensation terms and timeframes for bonuses and performance shares.

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EX-10.60 4 a2166540zex-10_60.htm EXHIBIT 10.60
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Exhibit 10.60


Summary Sheet for Named Executive Officers for Fiscal 2006

Named Executive Officer
   Annual
Base Salary
   Bonus*
   Performance Shares**
William P. Sullivan   $ 925,000   110 % 71,200 shares

Adrian T. Dillon
 
$
700,000
 
75
%
36,000 shares

Patrick J. Byrne
 
$
500,000
 
70
%
31,500 shares

Thomas E. White
 
$
470,000
 
70
%
14,150 shares

Chris van Ingen
 
$
450,000
 
70
%
28,350 shares

D. Craig Nordlund
 
$
425,000
 
60
%
11,000 shares

Jean M. Halloran
 
$
400,000
 
60
%
11,800 shares
*
Target percentage of base salary paid for the two six-month periods beginning November 1, 2005 and ending April 30, 2006 and beginning May 1, 2006 and ending October 31, 2006.

**
Target award for the three-year performance period beginning November 1, 2005 and ending October 31, 2008.


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    Exhibit 10.60
Summary Sheet for Named Executive Officers for Fiscal 2006