Fidelity Southern Corporation 2005 Executive Compensation Arrangements

Contract Categories: Human Resources › Compensation Agreements
Summary

Fidelity Southern Corporation has set the 2005 base salaries for its named executive officers, including James B. Miller, Jr., H. Palmer Proctor, Jr., David Buchanan, and M. Howard Griffith, Jr. The company also pays premiums for life insurance policies and annual club fees for these executives, except for Mr. Buchanan. If the life insurance policies end, the company will receive back the premiums paid plus a market yield. These arrangements outline the main compensation and benefits for the company's top executives.

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EX-10.(H) 3 g93805exv10wxhy.txt EX-10.(H) NAMED EXECUTIVE OFFICER COMPENSATION ARRANGEMENTS EXHIBIT 10(h) FIDELITY SOUTHERN CORPORATION EXECUTIVE COMPENSATION ARRANGEMENTS The base salary for each of named executive officers of Fidelity Southern Corporation (the "Company") for fiscal 2005 are: James B. Miller, Jr. $300,000 H. Palmer Proctor, Jr. $250,000 David Buchanan $230,000 M. Howard Griffith, Jr. $230,000 In addition to the foregoing, the Company pays all or a portion of the premiums for split dollar and/or corporate life insurance policies for each of the executive officers and pays annual club fees for each executive officer other than Mr. Buchanan. Under the split dollar policies, the Company will receive upon termination of the policies proceeds equal to the insurance premiums paid plus a market yield.