Summary Sheet for Executive Cash Compensation for Key Officers
This document outlines the current base salaries and target bonus percentages for the CEO and four top executive officers of the company. Salary adjustments are typically made annually in March. In addition to their base salaries, these executives are eligible for annual bonuses under the company's 2004 Key Officers Incentive Plan, with specific target percentages assigned to each officer. The bonus amounts are determined according to a formula referenced in related company filings.
EXHIBIT 10.1
SUMMARY SHEET FOR EXECUTIVE CASH COMPENSATION
The following table sets forth the current base salaries provided to the Company’s CEO and four most highly compensated executive officers. Salary increases are normally determined annually in March.
| Executive Officer | Current Salary | |
| Felix E. Wright | 842,520 | |
| David S. Haffner | 716,140 | |
| Karl G. Glassman | 572,915 | |
| Jack D. Crusa | 275,000 | |
| Joseph D. Downes, Jr. | 250,000 |
Executive officers are also eligible to receive a bonus each year under the Company’s 2004 Key Officers Incentive Plan (filed as Exhibit 10.13 to the Company’s Form 10-K for the year ended December 31, 2005). Bonuses are calculated pursuant to the Award Formula filed as Exhibit 10.2 to this Form 10-Q. The target percentages under this plan for the Company’s CEO and four most highly compensated executive officers are as shown in the following table.
| Executive Officer | Target Percentage | ||
| Felix E. Wright | 70 | % | |
| David S. Haffner | 60 | % | |
| Karl G. Glassman | 50 | % | |
| Jack D. Crusa | 44 | % | |
| Joseph D. Downes, Jr. | 44 | % |
