Schedule of Initial Salaries and Target Bonus Opportunities for Named Executive Officers
This document lists the initial base salaries and target bonus amounts for several executive officers of the company, as specified in their employment agreements. The named executives include the President and CEO, CFO, Chief Legal Officer, SVP of Sales, and EVP of Professional Services. The salaries and bonuses are subject to future changes at the discretion of the Board of Directors or its Compensation Committee.
EXHIBIT 10.41
SCHEDULE OF INITIAL SALARIES AND TARGET BONUS OPPORTUNITIES
FOR NAMED EXECUTIVE OFFICERS
AS SET FORTH IN EXECUTIVE EMPLOYMENT AGREEMENTS
Name |
Position(1) | Base Salary(2) | Target Bonus(2) |
Eddie Capel | President and Chief Executive Officer | $575,000 | $575,000 |
Dennis B. Story | Executive Vice President, Chief Financial Officer and Treasurer | $402,000 | $296,000 |
Bruce S. Richards | Senior Vice President, Chief Legal Officer and Secretary | $320,000 | $184,000 |
Robert G. Howell | Senior Vice President, Americas Sales | $323,000 | $312,000 |
J. Stewart Gantt | Executive Vice President, Professional Services | $315,000 | $255,000 |
(1) Position titles are as initially set forth in the employment agreements.
(2) Salaries and target bonuses set forth above are as initially set forth in employment agreements. Salaries are subject to subsequent increase, and target bonus amounts are subject to subsequent adjustment, at the discretion of the Board of Directors or the Compensation Committee thereof.
