Schedule of Named Executive Officers Compensation for First Financial Corporation (2010)
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
This document outlines the 2010 base salaries and 2009 bonus awards for the named executive officers of First Financial Corporation, as approved by the Compensation Committee. The schedule lists the compensation details for the President and Chairman, Vice Chairman and CEO, CFO, and Senior Vice Presidents. The agreement specifies the exact salary and bonus amounts for each executive for the relevant years.
EX-10.4 3 c97867exv10w4.htm EXHIBIT 10.4 Exhibit 10.4
EXHIBIT 10.4 Schedule of Named Executive Officers Compensation
On December 15, 2009, the Compensation Committee of First Financial Corporation (the Corporation) set the 2010 annual base salaries of the named executive officers and approved the bonus amounts payable to the named executive officers for 2009. These amounts are set forth in the table below.
Name and Principal Position | 2009 Bonus Award | 2010 Base Salary | ||||||
Donald E. Smith President and Chairman of the Corporation; Chairman of First Financial Bank, NA | $ | 160,000 | $ | 620,857 | ||||
Norman L. Lowery Vice Chairman, CEO and Vice President of the Corporation; President and CEO of First Financial Bank, NA | $ | 150,000 | $ | 500,074 | ||||
Michael A. Carty CFO, Secretary and Treasurer of the Corporation; Senior Vice President and CFO of First Financial Bank, NA | $ | 20,000 | $ | 200,156 | ||||
Richard O. White Senior Vice President of First Financial Bank, NA | $ | 12,000 | $ | 167,482 | ||||
Thomas S. Clary Senior Vice President and CCO of First Financial Bank, NA | $ | 17,000 | $ | 166,430 |