Summary of Salaries for Named Executive Officers as of December 31, 2012
This document lists the annual salaries for the company's Chief Executive Officer and other top executives as of December 31, 2012. It includes the names, titles, and salary amounts for each executive officer, noting that Gerald B. Seery retired effective January 2, 2013. The Compensation Committee of the Board of Directors determines these salaries, and all executive officers serve at the Board's discretion.
Exhibit 10.12(a)
SUMMARY OF SALARIES FOR
NAMED EXECUTIVE OFFICERS
(as of December 31, 2012)
The following summarizes, as of December 31, 2012, the salaries of the Company’s Chief Executive Officer and the other officers who will be named in the Summary Compensation Table in the proxy statement for the Company’s upcoming Annual Meeting of Stockholders (the “Named Executive Officers”). Gerald B. Seery retired from his employment with the Company effective January 2, 2013.
The executive officers of the Company serve at the discretion of the Board of Directors. The Compensation Committee of the Board reviews and determines the salaries that are paid to the Company’s executive officers, including the Named Executive Officers.
| Named Executive Officer | Salary | |||
| Steven G. Anderson | $ | 656,940 | ||
| D. Ashley Lee | $ | 361,424 | ||
| Jeffrey W. Burris | $ | 290,000 | ||
| David M. Fronk | $ | 269,400 | ||
| Scott B. Capps | $ | 265,000 | ||
| Gerald B. Seery | $ | 290,000 | ||
