DESCRIPTION OF 2014 SALARIES FOR 2013 NAMED EXECUTIVE OFFICERS

EX-10.8(H) 3 c76348_ex10-8h.htm

EXHIBIT 10.8(h)

 

DESCRIPTION OF 2014 SALARIES FOR

 2013 NAMED EXECUTIVE OFFICERS

 

Annualized salary rates effective January 1, 2014 for the current executive officers of the Company who are expected to be named in the executive compensation disclosures of the Company’s 2014 proxy statement in relation to fiscal year 2013 (“2013 Named Executive Officers”) are:

 

Officer Name   2014 Cash Salary
D. Bryan Jordan   $760,000  
William C. (B.J.) Losch III   425,000  
Michael E. Kisber   600,000  
David T. Popwell   450,000  
Charles T. Tuggle, Jr.   475,000  

 

Salary rates generally continue in effect until they are changed. The cash salary rates for 2014 listed above did not change from those in effect for 2013.