CARMIKE CINEMAS, INC. 2006 CASH BONUS TARGETS FOR THE NAMED EXECUTIVE OFFICERS Named Executive Officer 2006 Bonus Target (1) Michael W. Patrick $ 425,000 (2)President, Chief Executive Officer and Chairman ofthe Board of Directors Fred W. Van Noy $ 125,000 Senior Vice President and Chief Operating Officer Lee Champion (3) $ 75,000 Senior Vice President, General Counsel and Secretary Richard B. Hare (3) $ 137,500 Senior Vice President Finance, Treasurer andChief Financial Officer Anthony J. Rhead $ 125,000 Senior Vice President Film and Secretary
EX-10.2 3 g03120exv10w2.htm EX-10.2 2006 CASH BONUS TARGETS FOR NAMED EXECUTIVE OFFICERS EX-10.2 2006 CASH TARGETS FOR EXECUTIVE OFFICERS
Exhibit 10.2
CARMIKE CINEMAS, INC.
2006 CASH BONUS TARGETS FOR THE NAMED EXECUTIVE OFFICERS
2006 CASH BONUS TARGETS FOR THE NAMED EXECUTIVE OFFICERS
| Named Executive Officer | 2006 Bonus Target (1) | |||
Michael W. Patrick | $ | 425,000 | (2) | |
President, Chief Executive Officer and Chairman of the Board of Directors | ||||
Fred W. Van Noy | $ | 125,000 | ||
Senior Vice President and Chief Operating Officer | ||||
Lee Champion (3) | $ | 75,000 | ||
Senior Vice President, General Counsel and Secretary | ||||
Richard B. Hare (3) | $ | 137,500 | ||
Senior Vice President — Finance, Treasurer and Chief Financial Officer | ||||
Anthony J. Rhead | $ | 125,000 | ||
Senior Vice President — Film and Secretary | ||||
| (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. | |
| (3) | The Company expects Mr. Hare and Mr. Champion to be named executive officers for the fiscal year ended December 31, 2006. |
