BASE SALARIES OF EXECUTIVE OFFICERS

EX-10.(D) 3 a2181820zex-10_d.htm EX-10.(D)

Exhibit 10(d)

 

BASE SALARIES OF EXECUTIVE OFFICERS

 

As of December 26, 2007, the following are the base salaries (on an annual basis) of the executive officers of Hovnanian Enterprises, Inc.:

 

Kevork S. Hovnanian
Chairman of the Board and Director of the Company

 

$

1,128,433

 

Ara K. Hovnanian
Chief Executive Officer, President and Director of the Company

 

$

1,092,606

 

Paul W. Buchanan
Senior Vice President – Chief Accounting Officer

 

$

280,000

 

Kevin C. Hake
Senior Vice President, Finance and Treasurer

 

$

280,000

 

Peter S. Reinhart
Senior Vice President and General Counsel

 

$

300,000

 

J. Larry Sorsby
Executive Vice President, Chief Financial Officer and Director of the Company

 

$

500,000