CARMIKE CINEMAS, INC. 2007 CASH BONUS TARGETS FOR THE NAMED EXECUTIVE OFFICERS
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EX-10.2 3 dex102.htm 2007 CASH BONUS TARGETS 2007 CASH BONUS TARGETS
Exhibit 10.2
CARMIKE CINEMAS, INC.
2007 CASH BONUS TARGETS FOR THE NAMED EXECUTIVE OFFICERS
| Named Executive Officer | 2007 Bonus Target (1) | |||
| Michael W. Patrick President, Chief Executive Officer and Chairman of the Board of Directors | $ | 425,000 | (2) | |
| Fred W. Van Noy Senior Vice President and Chief Operating Officer | $ | 150,000 | ||
| Richard B. Hare Senior Vice President – Finance, Treasurer and Chief Financial Officer | $ | 150,000 | ||
| Lee Champion Senior Vice President, General Counsel and Secretary | $ | 100,000 | ||
| Anthony J. Rhead Senior Vice President – Entertainment and Digital | $ | 125,000 | ||
| (1) | A portion of the bonus target is tied to the achievement of specified levels of bonus EBITDA; and a portion of the bonus target is tied to non-financial objectives. Depending on actual performance, the actual bonus may be more or less than the target amount. |
| (2) | Mr. Patrick’s bonus target is set pursuant to the terms of his employment agreement with the Company effective as of January 31, 2002. |
