Schedule of Named Executive Officers Compensation for First Financial Corporation (2008)
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Summary
This document outlines the 2008 base salaries and 2007 bonus awards for the named executive officers of First Financial Corporation, as approved by the Compensation Committee. The schedule lists the compensation details for Donald E. Smith, Norman L. Lowery, Michael A. Carty, Richard O. White, and Thomas S. Clary, specifying their roles, bonus amounts for 2007, and annual base salaries for 2008. The agreement sets forth the compensation terms for these executives for the specified periods.
EX-10.4 3 c72705exv10w4.htm EXHIBIT 10.4 Filed by Bowne Pure Compliance
EXHIBIT 10.4 — Schedule of Named Executive Officers Compensation
On December 18, 2007, the Compensation Committee of First Financial Corporation (the “Corporation”) set the 2008 annual base salaries of the named executive officers and approved the bonus amounts payable to the named executive officers for 2007. These amounts are set forth in the table below.
| Name and Principal Position | 2007 Bonus Award | 2008 Base Salary | ||||||
Donald E. Smith | $ | 160,000 | $ | 580,987 | ||||
President and Chairman of the Corporation; Chairman of First Financial Bank, NA | ||||||||
Norman L. Lowery | $ | 150,000 | $ | 467,960 | ||||
Vice Chairman, CEO and Vice President of the Corporation; President and CEO of First Financial Bank, NA | ||||||||
Michael A. Carty | $ | 20,000 | $ | 187,304 | ||||
CFO, Secretary and Treasurer of the Corporation; Senior Vice President and CFO of First Financial Bank, NA | ||||||||
Richard O. White | $ | 12,000 | $ | 157,630 | ||||
Senior Vice President of First Financial Bank, NA | ||||||||
Thomas S. Clary | $ | 15,000 | $ | 156,499 | ||||
Senior Vice President and CCO of First Financial Bank, NA | ||||||||
