Summary of Named Executive Officer and Director Compensation Arrangements
This document outlines the annual base salaries and cash awards for six named executive officers and directors of the company, effective March 20, 2005. It lists the specific compensation amounts for each individual and notes that they are also eligible for equity awards and certain other benefits as described in the company's annual proxy statement.
Exhibit 10.1
Summary of Named Executive Officer & Director Compensation Arrangements
| Name of Director/Named Executive Officer | Annual Base Salary Effective March 20, 2005 | Cash Award Payable March 2005 | ||||
| Donald G. Fisher | $ | 544,700 | $ | 162,559 | ||
| Paul Pressler | $ | 1,500,000 | $ | 1,119,140 | ||
| Nick Cullen | $ | 600,000 | $ | 376,103 | ||
| Anne Gust | $ | 600,000 | $ | 232,781 | ||
| Jenny Ming | $ | 1,000,000 | $ | 0 | ||
| Byron Pollitt | $ | 675,000 | $ | 259,268 | ||
The above individuals are also eligible to receive equity compensation awards under the company’s employee benefit plans and certain perquisites as more fully described in the company’s annual proxy statement.
