2005 Executive Officer Base Salary and Equity Compensation Schedule
This document outlines the 2005 base salaries and stock option awards for key executive officers of the company, including the CEO, division presidents, CFO, and senior vice presidents. It specifies each executive's annual salary and the number of stock options granted for the year. The agreement sets forth the company's compensation structure for its top management for 2005.
Exhibit 10.1
2005 Executive Officer Base Salary and Equity Compensation
| Name and Title | 2005 Base Salary | Stock Options | |||
| Elizabeth McLaughlin, Chief Executive Officer | $ | 700,000 | 175,000 | ||
| Gerald Cook, President, Hot Topic | $ | 450,000 | 85,000 | ||
| Patricia Van Cleave, President, Torrid | $ | 420,000 | 85,000 | ||
| James McGinty, Chief Financial Officer | $ | 300,000 | 60,000 | ||
| Thomas Beauchamp, Senior Vice President, Chief Information Officer | $ | 280,000 | 50,000 | ||
| Christopher Kearns, Senior Vice President, General Counsel and Secretary | $ | 250,000 | 50,000 | ||
