SUMMARY OF COMPENSATION ARRANGEMENTS
EXHIBIT 10.47
SUMMARY OF COMPENSATION ARRANGEMENTS
Annual Base Salary
Our executive officers are “at will” employees. Currently we have no written or oral employment arrangements with our executive officers. A copy or description of any future such employment arrangement will be filed to the extent required.
The table below summarizes the current annual base salary we have with each of our named executive officers and directors. All of the compensation arrangements we have with our executive officers are reviewed and may be modified from time to time by the Compensation and Stock Option Committee of our Board of Directors.
| Name | Annual Base Salary | ||
| William S. Boyd Chairman and Chief Executive Officer | 2005: $ 2004: $ | 1,500,000 1,200,000 | |
| Michael J. Gaughan Director and Chief Executive Officer of Coast Casinos, Inc. | 2005: $ 2004: $ | 850,000 750,000 | |
| Robert L. Boughner Director and Chief Executive Officer of Marina District Development Holding Company, LLC | 2005: $ 2004: $ | 825,000 725,000 | |
| Donald D. Snyder President and Director | 2005: $ 2004: $ | 650,000 600,000 | |
| Keith E. Smith Executive Vice President and Chief Operating Officer | 2005: $ 2004: $ | 600,000 500,000 | |
| Ellis Landau Executive Vice President and Chief Financial Officer | 2005: $ 2004: $ | 500,000 450,000 | |
| Marianne Boyd Johnson Vice Chairman and Senior Vice President | 2005: $ 2004: $ | 200,000 175,000 | |
| William R. Boyd Vice President and Director | 2005: $ 2004: $ | 175,000 160,000 | |
Bonus Plans, Director Compensation Arrangements and Other Compensation
The information regarding bonus plans, director compensation arrangements and other compensation is set forth in our most recent definitive Proxy Statement for the Annual Meeting of Stockholders (and any definitive Annual Proxy Statement filed after the date hereof), which information is incorporated herein by reference.
