City National Corporation Compensation Terms for Brian Fitzmaurice (2010)

Contract Categories: Human Resources › Compensation Agreements
Summary

City National Corporation's Compensation, Nominating and Governance Committee approved compensation terms for Brian Fitzmaurice effective October 1, 2010. He will receive a base salary of $400,000, a guaranteed 2010 incentive bonus of $400,000, 20,000 restricted shares, 17,000 stock options with a normal vesting schedule, and a monthly auto allowance of $1,000. The bonus will be paid under the company's executive bonus plans.

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EX-10.45 12 a2202179zex-10_45.htm EXHIBIT 10.45

Exhibit 10.45

 

At its meeting on September 22, 2010, the Compensation, Nominating and Governance Committee of City National Corporation approved the following with respect to Brian Fitzmaurice:

 

Base Salary:

$400,000, effective October 1, 2010

 

 

Stock grant:

Restricted Shares:

20,000

 

Stock Options:

17,000

 

Normal vesting schedule

 

 

Incentive Bonus: 

For 2010, bonus of $400,000 guaranteed

 

 

 

To be paid under the terms of the Executive Committee Bonus Plan, Variable Bonus Plan or other appropriate executive bonus plan

 

 

Auto Allowance:

Continue at $1,000 / Month