Summary of Named Executive Officers' 2004 Bonuses and 2005 Annual Base Salaries

Summary

This document lists the 2004 bonus payments and 2005 annual base salaries for the company's named executive officers, including the President and CEO, CFO, and other senior executives. It specifies the exact bonus amounts awarded for 2004 and the base salary set for each executive for 2005. The agreement outlines compensation details but does not include additional terms or conditions.

EX-10.18 3 a2158322zex-10_18.htm EXHIBIT 10.18
QuickLinks -- Click here to rapidly navigate through this document

Exhibit 10.18


Summary of Named Executive Officers' 2004 Bonuses and 2005 Annual Base Salaries

Name

  Title
  2004 Bonus
  2005 Annual Salary
Michael J. Sonnenfeld   President, Chief Executive Officer and Director   $ 337,500   $ 415,000

Robert G. Partlow

 

Senior Vice President—Chief Financial Officer

 

$

270,000

 

$

315,000

Walter P. Buczynski

 

Executive Vice President—Secondary

 

$

270,000

 

$

315,000

John C. Camp, IV

 

Senior Vice President—Systems and Facilities, Chief Information Officer

 

$

200,000

 

$

210,000

John C. Kendall

 

Senior Vice President—Portfolio

 

$

237,500

 

$

262,500



QuickLinks

Summary of Named Executive Officers' 2004 Bonuses and 2005 Annual Base Salaries