Relationship with William Lane Pennington - Summary of Terms

EX-10.19 6 d20055a1exv10w19.txt RELATIONSHIP WITH WILLIAM LANE PENNINGTON - SUMMARY OF TERMS EXHIBIT 10.19 COMPENSATION FOR WILLIAM LANE PENNINGTON Summary of Terms Mr. William Lane Pennington receives the following compensation and benefits for his services as Vice-Chairman of the Board of International Wire Group, Inc.: o $150,000 per annum, payable in such installment amounts and on such payment schedule as the Company pays its executive officers, o 25,000 stock options granted under the Company's 2004 Stock Option Plan, and o participation in such other medical and other insurance programs, and at such levels thereof, as the Company provides its executive officers Mr. Pennington's term as Vice-Chairman expires on December 31, 2005.