SALARY ADJUSTMENTS FOR NAMED EXECUTIVE OFFICERS
EX-10.G 8 dex10g.htm SALARY ADJUSTMENTS FOR NAMED EXECUTIVE OFFICERS Salary Adjustments for Named Executive Officers
Exhibit 10(g)
SALARY ADJUSTMENTS FOR NAMED EXECUTIVE OFFICERS
Set forth below are the 2006 annual salaries for the named executive officers that will be reimbursed by the Company to Alfa Mutual Insurance Company (AMI) under a Management and Operating Agreement between the companies:
| 2006 Salary1 | |||
| Jerry Newby | $ | 324,229 | |
| Lee Ellis | $ | 278,106 | |
| Wayne Hawkins2 | $ | 202,193 | |
| Bill Harper | $ | 219,959 | |
| John Jung | $ | 162,450 | |
| 1 | The 2006 salary figures assume that the percentage of salary reimbursed by the Company to AMI will remain at the same level as 2005. The amounts reimbursed to AMI by the Company could change in the future. |
| 2 | Wayne Hawkins retired as Executive Vice President, Marketing effective March 1, 2006. |
