2005 Executive Officer Base Salary Table for [Company Name]

Summary

This document lists the 2005 base salaries for the executive officers of the company, effective March 1, 2005. It names each executive, their position, and their corresponding annual base salary. The agreement sets out the compensation terms for the Chairman, President, Executive Vice President, and several Senior Vice Presidents. There are no additional conditions or obligations specified beyond the stated salaries.

EX-10.7 6 d22791exv10w7.htm TABLE OF 2005 BASE SALARIES FOR EXECUTIVE OFFICERS exv10w7  

EXHIBIT 10.7

TABLE OF 2005 BASE SALARIES FOR EXECUTIVE OFFICERS OF THE COMPANY

EFFECTIVE MARCH 1, 2005

         
Name and Position   2005 Base Salary  
I. Jon Brumley, Chairman of the Board and Chief Executive Officer
  $ 500,000  
 
       
Jon S. Brumley, President
  $ 375,000  
 
       
Roy W. Jageman, Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary
  $ 250,000  
 
       
Tom H. Olle, Senior Vice President — Asset Management
  $ 235,000  
 
       
Robert S. Jacobs, Senior Vice President — Business Development and Planning
  $ 215,000  
 
       
Donald P. Gann, Jr., Senior Vice President — Operations
  $ 215,000