2008 Annual Base Salary Approval for Named Executive Officers
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Summary
This document outlines the 2008 annual base salaries for five named executive officers—Mark M. Jacobs, Rick L. Dobson, Brian Landrum, Michael L. Jines, and D. Rogers Herndon—effective April 1, 2008. The salaries were approved by the Compensation Committee, and in the case of Mr. Jacobs, also by the Board. The agreement specifies the base salary amounts for each executive for the year 2008.
EX-10.79 8 h53976exv10w79.htm ANNUAL BASE SALARIES OF NAMED EXECUTIVE OFFICERS exv10w79
Exhibit 10.79
Annual Base Salaries of Named Executive Officers
In February 2008, the 2008 annual base salaries of Messrs. Jacobs, Dobson, Landrum, Jines and Herndon, each of whom is a named executive officer, were approved by the Compensation Committee (and the Board, in the case of Mr. Jacobs).
| 2008 Base Salary | ||
| Named Executive Officer | (effective April 1, 2008) | |
Mark M. Jacobs | ||
President and Chief Executive Officer | $910,000 | |
Rick L. Dobson | ||
Executive Vice President and Chief Financial Officer | $515,000 | |
Brian Landrum | ||
Executive Vice President and Chief Operating Officer | $665,000 | |
Michael L. Jines | ||
Senior Vice President, General Counsel and Corporate Secretary | $430,000 | |
D. Rogers Herndon | ||
Senior Vice President, Strategic Planning and Business Development | $350,000 |
