Schedule of Compensation for Named Executive Officers (2005-2006)
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Summary
This document lists the compensation details for the company's named executive officers, including their 2005 short-term incentive awards, 2005 long-term incentive awards in common shares, and 2006 base salaries. The long-term incentive awards vest over four years, with 25% vesting each year on the anniversary of the grant. The schedule provides transparency regarding executive pay and equity incentives.
EX-10.1 2 dex101.htm SCHEDULE OF COMPENSATION FOR NAMED EXECUTIVE OFFICERS Schedule of Compensation for Named Executive Officers
Exhibit 10.1
Schedule of Compensation for Named Executive Officers
| Named Executive Officer | 2005 Short Term Incentive Award | 2005 Long Term Incentive Award (1) | 2006 Base Salary | |||||
| Thomas A. Carr | $ | 653,400 | 36,792 common shares | $ | 495,000 | |||
| Philip L. Hawkins | $ | 528,000 | 26,163 common shares | $ | 440,000 | |||
| Stephen E. Riffee | $ | 330,000 | 13,421 common shares | $ | 320,000 | |||
| Karen B. Dorigan | $ | 195,000 | 8,384 common shares | $ | 312,000 | |||
| Linda A. Madrid | $ | 183,125 | 6,541 common shares | $ | 293,500 | |||
| (1) | Under the terms of the award, 25% will vest on the anniversary of the grant (January 25) for a four-year period. |
