2005 Base Salaries for Executive Officers of Ceradyne, Inc.

Summary

This document lists the annual base salaries for executive officers of Ceradyne, Inc. for the year 2005. It names each executive, their title, and their corresponding salary. The company clarifies that it is an 'at will' employer, meaning these salaries do not guarantee employment for any specific period. The document does not constitute an employment contract but serves as a disclosure of compensation for key executives.

EX-10.1 2 dex101.htm BASE SALARIES PAYABLE TO EXECUTIVE OFFICERS DURING 2005 Base Salaries Payable to Executive Officers during 2005

EXHIBIT 10.1

 

2005 Base Salaries

For Executive Officers of

Ceradyne, Inc.

 

Name


 

Title


   2005 Base
Salary*


Joel P. Moskowitz

  Chairman of the Board, Chief Executive Officer and President    $ 425,000

David P. Reed

  Vice President, and President of North American Operations    $ 235,000

Jerrold J. Pellizzon

  Chief Financial Officer, Chief Administrative Officer and Corporate Secretary    $ 213,000

Bruce Lockhart

  Vice President, and President of Thermo Materials Division    $ 115,000

Earl E. Conabee

  Vice President, and Director of Marketing at Thermo Materials    $ 130,000

Jeff Waldal

  Vice President, and President of Semicon Associates Division    $ 115,000

* Ceradyne is an “at will” employer. The expression of base salaries in annual amounts does not imply that there is an agreement to employ any executive officer for any specific period of time.