Summary of 2007 Bonus Awards for Pinnacle Entertainment Executive Officers
This document outlines the 2007 cash and deferred bonus awards granted to executive officers of Pinnacle Entertainment, Inc., excluding the CEO. It lists the specific bonus amounts for each executive and explains that deferred bonuses will be paid out in three equal installments over three years, with one-third paid on each anniversary of the bonus payment date.
EXHIBIT 10.2
SUMMARY OF 2007 BONUS AWARD SCHEDULE
The following summarizes the amounts awarded to the executive officers of Pinnacle Entertainment, Inc. (the “Company”) other than Daniel R. Lee, the Company’s Chairman of the Board and Chief Executive Officer, for 2007 as cash bonuses and bonuses under the Company’s deferred bonus plan (the “Deferred Bonus Plan”):
| Name and Title | 2007 Cash Bonus | 2007 Deferred Bonus | ||||
| Wade W. Hundley President | $ | 375,000 | $ | 125,000 | ||
| Stephen H. Capp Executive Vice President and Chief Financial Officer | $ | 356,250 | $ | 118,750 | ||
| John A. Godfrey Executive Vice President, Secretary and General Counsel | $ | 262,500 | $ | 87,500 | ||
| Alain Uboldi Chief Operating Officer | $ | 273,750 | $ | 91,250 | ||
Each person’s deferred bonus will be deferred and paid over three years, one-third on each anniversary of such year’s bonus payment date.
