2004–2005 Executive Compensation Table for Donatelli, Smith, Bass, and Dawson
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Summary
This document lists the annual salaries, restricted cash bonuses, and stock awards for key executives of the company for 2004 and 2005. The executives named are Louis T. Donatelli, Douglas J. Donatelli, Nicholas R. Smith, Barry H. Bass, and James H. Dawson. The restricted stock awards are contingent on the company meeting specific performance goals. The table provides transparency regarding executive compensation and the conditions for stock award vesting.
EX-10.2 3 exhibit2.htm EX-10.2 EX-10.2
| 2004 | 2005 | 2005 Restricted | ||||||||||
| Cash Bonus | Annual Salary | Stock | ||||||||||
| — | — | Awards(1) | ||||||||||
Louis T. Donatelli Chairman | $ | 50,000 | $ | 130,000 | -0- | |||||||
Douglas J. Donatelli President and Chief Financial Officer | $ | 275,000 | $ | 280,000 | 15,528 | |||||||
Nicholas R. Smith Executive Vice President and Chief Investment Officer | $ | 175,000 | $ | 210,000 | 11,535 | |||||||
Barry H. Bass Senior Vice President and Chief Financial Officer | $ | 165,000 | $ | 200,000 | 10,648 | |||||||
James H. Dawson Senior Vice President and Chief Operating Officer | $ | 165,000 | $ | 200,000 | 10,648 | |||||||
(1) The restricted stock awards vest upon achievement by the Company of certain performance goals.
