Schedule to Form of Executive Employment Agreement (as Amended) for Barnea, Buytenhuys, Hawn, and Whilden

Contract Categories: Human Resources › Employment Agreements
Summary

This schedule outlines the key differences in the executive employment agreements, as amended, for Dan Barnea, Darroll Buytenhuys, Jeffrey Hawn, and Robert H. Whilden, Jr. with their employer. It details each executive's effective date, base salary, stock options, restricted stock, and severance terms. The agreements specify salary and bonus payments in the event of severance or a change of control, with most terms providing two years of salary and a bonus based on a three-year average. The document serves as a summary of material terms differing from the standard agreement form.

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EX-10.8 9 h97489exv10w8.txt SCHEDULE TO FORM OF EXECUTIVE EMPLOYMENT AGREEMENT EXHIBIT 10.8 SCHEDULE TO FORM OF EXECUTIVE EMPLOYMENT AGREEMENT, AS AMENDED Executed copies of Executive Employment Agreements, as amended, with Dan Barnea, Darroll Buytenhuys, Jeffrey Hawn and Robert H. Whilden, Jr. have been omitted. The following schedule sets forth the material details in which such executed copies differ from the Form of Executive Employment Agreement filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2000 and incorporated herein by reference and the Form of Amendment No. 1 to Executive Employment Agreement filed as exhibit 10.7(b) herewith.
Item Barnea Buytenhuys Hawn Whilden - ---- ------ ---------- ---- ------- Effective Date 4/1/2000 7/24/2000 7/24/2000 4/26/2000 Salary $425,000 $400,000 $425,000 $340,000 Stock Options 50,000 50,000 250,000 50,000 Additional Stock Options 260,000 260,000 260,000 230,000 per Amendment No. 1 Restricted Stock N/A 40,000 50,000 N/A Severance: Salary Payment 2 years 2 years 2 years 2 years Bonus Payment 3 year average 3 year average 3 year average 3 year average Change of Control: Salary Payment 2 years 2 years 2 years 2 years Bonus Payment 3 year average 3 year average 3 year average 3 year average