McDermott International, Inc. 2013 Executive Base Salary and Target EICP Compensation Summary
This document outlines the 2013 base salaries and target annual incentive compensation (EICP) percentages for McDermott International, Inc.'s named executive officers. It lists each executive's title, base salary, and the percentage of base salary that serves as their target for the annual incentive award. The agreement sets compensation expectations for the company's top executives for the year 2013.
Exhibit 10.31
McDERMOTT INTERNATIONAL, INC.
Summary of
Named Executive Officer
2013 Base Salary and
Target EICP Compensation
| Named Executive Officer | Base Salary | Target EICP Award (as a % of 2013 base salary earned) | ||||||
| Stephen M. Johnson | $ | 985,000 | 100 | % | ||||
| Perry L. Elders | $ | 515,000 | 70 | % | ||||
| Gary L. Carlson | $ | 400,000 | 70 | % | ||||
| Liane K. Hinrichs | $ | 477,750 | 70 | % | ||||
| John T. McCormack | $ | 576,800 | 80 | % | ||||
