Schedule of 2006 Base Salary Rates and 2005 Cash Bonus Amounts for Executive Officers
This document lists the approved 2006 base salaries and 2005 cash bonuses for the company's executive officers, including the President and CEO, Executive Vice President and COO, Senior Vice President and Chief Credit Officer, and Senior Vice President and CFO. It specifies the compensation amounts for each named individual as approved on February 21, 2006.
Exhibit 10.1
2006 Base Salary Rates; 2005 Cash Bonus Amounts
The following table lists the 2006 base salary rate and 2005 cash bonus amount approved on February 21, 2006, for each of our named executive officers.
Name and Title | 2006 Base Salary Rate | 2005 Cash Bonus Amount | ||||
Arthur H. Keeney III President and Chief Executive Officer | $ | 245,000 | $ | 73,209 | ||
J. Dorson White Executive Vice President and Chief Operating Officer | 145,000 | 30,438 | ||||
William F. Plyler, II Senior Vice President and Chief Credit Officer | 115,500 | 24,748 | ||||
Gary M. Adams Senior Vice President and Chief Financial Officer | 100,000 | 22,004 |