2007 Base Salary Rates; 2006 Cash Award Amounts

EX-10.1 2 dex101.htm 2007 BASE SALARY RATES; 2006 CASH AWARD AMOUNTS 2007 Base Salary Rates; 2006 Cash Award Amounts

Exhibit 10.1

2007 Base Salary Rates; 2006 Cash Award Amounts

The following table lists the 2007 base salary rate and the amount of the 2006 cash incentive award approved on February 26, 2007, for each of our named executive officers.

 

Name and Title

   

2007

Base Salary

Rate

    

2006

Cash Bonus

Amount

Arthur H. Keeney III

President and Chief Executive Officer

    $ 270,000     $ 69,317

J. Dorson White

Executive Vice President and Chief Operating Officer

      160,000       28,213

William F. Plyler II

Senior Vice President and Chief Credit Officer

      N/A (1)     22,473

Gary M. Adams

Senior Vice President and Chief Financial Officer

      105,000       19,458
(1) Mr. Plyler retired effective on January 1, 2007.