Summary of Bonus Payments to Certain Executive Officers
Exhibit 10.1
Summary of Bonus Payments to Certain Executive Officers
For the six-month period ended March 31, 2006, the Board of Directors of D.R. Horton, Inc. (the Company), on recommendation of the Compensation Committee, approved semi-annual discretionary bonuses to the executive officers listed below consistent with past practices. None of the executive officers set forth below are expected to be named executive officers (as defined in Item 402(a)(3) of Regulation S-K) of the Company at the end of the Companys 2006 fiscal year ending on September 30, 2006. There have been no changes to the bonus plans of the named executive officers as previously approved by the Compensation Committee and as previously filed with the Securities and Exchange Commission.
Discretionary Bonus | ||||||||
for the six-month | ||||||||
period ended | ||||||||
Name | Office | March 31, 2006 | ||||||
Samuel R. Fuller | Senior Executive Vice President | $ | 150,000 | |||||
Bill W. Wheat | Executive Vice President & CFO | $ | 175,000 | |||||
and Director | ||||||||
Stacey H. Dwyer | Executive Vice President & | $ | 175,000 | |||||
Treasurer |