Buffalo Wild Wings, Inc. 2006 Executive Officer Compensation Arrangements

Contract Categories: Human Resources › Compensation Agreements
Summary

Buffalo Wild Wings, Inc. established the 2006 base salaries, incentive bonuses (based on 2005 performance), and restricted stock unit grants for its executive officers, including the CEO, CFO, and other senior executives. The restricted stock units vest in thirds over three years, contingent on the company meeting 95% of its earnings target. Executives also participate in standard company benefit plans such as 401(k), medical, and disability plans. These arrangements outline the key compensation components and performance conditions for the company's top management for the 2006 fiscal year.

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EX-10.19 7 a5091516ex10_19.txt EXHIBIT 10.19 EXHIBIT 10.19 COMPENSATION ARRANGEMENTS FOR EXECUTIVE OFFICERS FOR FISCAL YEAR 2006 The Buffalo Wild Wings, Inc. Board of Directors, based on recommendations from the Compensation Committee, set the 2006 fiscal year base salaries and restricted stock unit grants for the executive officers and determined the amount of incentive bonus for each executive officer based on 2005 performance as set forth below. In addition, the executive officers participate in our 401(k) plan and medical and disability plans, as well as other compensatory plans, contracts and arrangements which are filed as exhibits to our Form 10-K for the year ended December 25, 2005.
2006 ANNUAL 2005 INCENTIVE 2006 RESTRICTED EXECUTIVE OFFICER AND TITLE BASE SALARY BONUS STOCK UNITS* Sally J. Smith $450,000 $254,520 13,314 Chief Executive Officer and President Mary J. Twinem $280,000 $159,075 8,284 Executive Vice President, Chief Financial Officer and Treasurer Emil Lee Sanders $215,000 $96,732 5,089 Senior Vice President, Development and Franchising James M. Schmidt $215,000 $102,126 5,089 Senior Vice President and General Counsel Judith A. Shoulak $230,000 $105,945 5,444 Senior Vice President, Operations Kathleen M. Benning $210,000 $92,126 4,970 Senior Vice President, Marketing and Brand Development Craig W. Donoghue $190,000 $80,610 4,497 Senior Vice President, Information Systems
*These restricted stock units were granted as of December 26, 2005 and vest to the extent of 33-1/3% on the last day of each fiscal year, and the risks of forfeiture lapse as to such increment if the company achieves 95% of the earnings target established by the Board of Directors.