LIN TV Corp. 2007 Executive Compensation Summary for Named Officers
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Summary
This document outlines the 2007 base salaries and target cash bonuses for the named executive officers of LIN TV Corp. as of March 15, 2007. The officers include the President and CEO, CFO, Executive Vice Presidents, and General Counsel. Base salaries and target bonuses are specified for each executive, with bonuses contingent on meeting certain strategic and performance objectives as detailed in their individual employment agreements. The summary provides a clear overview of compensation arrangements for the company's top executives for the year 2007.
EX-10.10 2 d44073exv10w10.htm SUMMARY OF EXECUTIVE COMPENSATION ARRANGEMENTS exv10w10
Exhibit 10.10
LIN TV Corp.
Summary of Executive Compensation
As of March 15, 2007, the 2007 base salaries of each of the named executive officers of LIN TV Corp. were as follows:
| Name of Executive | Title of Executive | Base Salary | ||||||
Vincent L. Sadusky | President and Chief Executive Officer | $ | 500,000 | |||||
Bart W. Catalane | Sr. Vice President Chief Financial Officer | 250,000 | ||||||
Scott M. Blumenthal | Executive Vice President Television | 375,000 | ||||||
Denise M. Parent | Vice President General Counsel and Secretary | 275,000 | ||||||
Gregory M. Schmidt | Executive Vice President Digital Media | 400,000 | ||||||
The 2007 target bonuses for each executive are established and outlined in more detail in his or her employment agreement incorporated by reference as Exhibits to our Annual Report on Form 10-K for the year ended December 31, 2006. The bonuses will be determined based upon the achievement of certain strategic objectives, including performance targets and other subjective factors.
As of March 15, 2007, the 2007 target bonus of each of the executive officers of LIN TV Corp. was as follows:
| Name of Executive | Title of Executive | 2007 Target Cash Bonus | ||||||
Vincent L. Sadusky | President and Chief Executive Officer | $ | 500,000 | |||||
Bart W. Catalane | Sr. Vice President Chief Financial Officer | 150,000 | ||||||
Scott M. Blumenthal | Executive Vice President Television | 200,000 | ||||||
Denise M. Parent | Vice President General Counsel and Secretary | 150,000 | ||||||
Gregory M. Schmidt | Executive Vice President Digital Media | 175,000 | ||||||
