2007 Executive Officer Compensation Schedule for [Company Name]
This document lists the annual salaries and target bonus percentages for the executive officers of the company as of the filing date of the related Form 10-K. It specifies the compensation details for the Chairman and CEO, Executive Vice Presidents, and other senior officers, including their names, titles, base salaries, and target bonus percentages. The schedule also notes the effective dates for certain officers' appointments. This summary provides transparency regarding executive compensation for the year 2007.
Exhibit 10.26
Schedule of 2007 Executive Officer Compensation
The following sets forth the annual salary and target bonus, expressed as a percentage of annual salary, for our executive officers as of the date of filing of the Form 10-K to which this exhibit relates:
| Name |
| Title |
| Annual Salary |
| Target Award % |
| |
| Paul S. Viviano |
| Chairman and Chief Executive Officer |
| $ | 500,000 |
| 85 | % |
| Michael F. Frisch(1) |
| Executive Vice President and Chief Operating Officer |
| $ | 275,000 |
| 75 | % |
| Howard K. Aihara |
| Executive Vice President and Chief Financial Officer |
| $ | 250,000 |
| 75 | % |
| Eli H. Glovinsky(2) |
| Executive Vice President, General Counsel and Secretary |
| $ | 275,000 |
| 65 | % |
| Nicholas A. Poan |
| Senior Vice President, Corporate Finance, and Chief Accounting Officer |
| $ | 175,000 |
| 60 | % |
Notes:
(1) Mr. Frisch became Executive Vice President and Chief Operating Officer effective January 5, 2007
(2) Mr. Glovinsky became Executive Vice President, General Counsel and Secretary effective February 1, 2007
