Summary Sheet ofExecutive Cash Compensation and AwardTargets Under the Annual Incentive Plan

EX-10.1 2 exhibit10-1.htm SUMMARY OF EXECUTIVE COMPENSATION exhibit10-1.htm
Exhibit 10.1
Summary Sheet of Executive Cash Compensation
 and Award Targets Under the Annual Incentive Plan

The following table sets forth the current base salaries provided for the Company’s CEO, CFO and four most highly compensated executive officers.  Salary increases are determined annually in March.

Executive Officers
Current Salary
   
Angelo Brisimitzakis
$600,000
Rodney Underdown
$303,209
Ronald Bryan
$250,667
Gerald Bucan
$255,000
Keith Clark
$300,000
David Goadby
$ 364,470 or £183,723

Executive officers are also eligible to receive a bonus each year under the Company’s Annual Incentive Plan (filed as Exhibit 10.2).  The target percentages (based on percentage of salary ) under this plan for the Company’s CEO, CFO and four most highly compensated executive officers are as shown in the following table.

Executive Officers
Target Percentage
   
Angelo Brisimitzakis
80%
Rodney Underdown
50%
Ronald Bryan
50%
Gerald Bucan
50%
Keith Clark
50%
David Goadby
45%