U-STORE-IT TRUST Schedule of 2005 Cash Bonuses for Named Executive Officers

Contract Categories: Business Finance - Trust Agreements
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)
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(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.