2015 Salary Schedule for 2014 Named Executive Officers

Summary

This document lists the annual cash salaries effective January 1, 2015, for the company's executive officers who will be named in the 2015 proxy statement for fiscal year 2014. The officers and their respective salaries are specified, and the salary rates will remain in effect until changed. The agreement is informational and outlines compensation for key executives.

EX-10.8(H) 4 c80076_ex10-8h.htm

Exhibit 10.8(h)

 

DESCRIPTION OF 2015 SALARIES FOR

2014 NAMED EXECUTIVE OFFICERS

 

Annualized salary rates effective January 1, 2015 for the current executive officers of the Company who are expected to be named in the executive compensation disclosures of the Company’s 2015 proxy statement in relation to fiscal year 2014 (“2014 Named Executive Officers”) are:

 

Officer Name  2015 Cash Salary
D. Bryan Jordan  $825,000 
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.