Carmike Cinemas, Inc. 2005 Cash Bonus Targets for Named Executive Officers

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the 2005 cash bonus targets for the named executive officers of Carmike Cinemas, Inc. It specifies the bonus amounts each executive is eligible to receive, including the President and CEO, Senior Vice Presidents, and Vice President of Operations. The bonus for the President and CEO is determined by his employment agreement. The agreement sets clear financial incentives for the company's top executives for the year 2005.

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EX-10.2 4 g95477exv10w2.htm EX-10.2 2005 CASH BONUS TARGETS EX-10.2 2005 CASH BONUS TARGETS  

Exhibit 10.2

CARMIKE CINEMAS, INC.
2005 CASH BONUS TARGETS FOR THE NAMED EXECUTIVE OFFICERS

         
Named Executive Officer   2005 Bonus Target
Michael W. Patrick
     President, Chief Executive Officer and Chairman of
     the Board of Directors
    425,000 (1)
 
        
Fred W. Van Noy
     Senior Vice President and Chief Operating Officer
    125,000  
 
        
Martin A. Durant
     Senior Vice President – Finance, Treasurer and
     Chief Financial Officer
    125,000  
 
        
Anthony J. Rhead
     Senior Vice President – Film and Secretary
    125,000  
 
        
Gary F. Krannacker
     Vice President – Operations
    67,500  

(1)   Amount is based upon Mr. Patrick’s employment agreement.