U-Store-It Trust 2005 Executive Officer Cash Bonus Schedule

Summary

U-Store-It Trust awarded cash bonuses in 2005 to its chief executive officer and three other top executive officers. The bonuses ranged from $250,000 to $800,000, depending on the officer's position. These cash bonuses were in addition to restricted shares granted to each executive in December 2005. The schedule lists the names, positions, and specific bonus amounts for each executive.

EX-10.1 2 l17632aexv10w1.htm EX-10.1 SCHEDULE OF 2005 CASH BONUSES FOR EXECUTIVE OFFICERS Exhibit 10.1  

Exhibit 10.1
U-STORE-IT TRUST
Schedule of 2005 Cash Bonuses for Named Executive Officers
     U-Store-It Trust awarded cash bonuses to its chief executive officer and three other most highly compensated executive officers (together, the “Named Executive Officers”) as follows:
         
Name and Principal Position   2005 Cash Bonus  
 
       
Robert J. Amsdell
Chairman and Chief Executive Officer
  $800,000(1)
 
       
Steven G. Osgood
President and Chief Financial Officer
  $500,000(2)
 
       
Todd C. Amsdell
Chief Operating Officer
  $500,000(2)
 
       
Tedd D. Towsley
Vice President and Treasurer
  $250,000(3)
———————————
(1) Excludes restricted shares (with a value of approximately $1,500,000), which were granted on December 22, 2005.
(2) Excludes restricted shares (with a value of approximately $700,000), which were granted on December 22, 2005.
(3) Excludes restricted shares (with a value of approximately $300,000), which were granted on December 22, 2005.