Nashua Corporation Executive Officer 2007 Base Salary Approval

Contract Categories: Human Resources › Compensation Agreements
Summary

Nashua Corporation's Board of Directors, through its Leadership and Compensation Committee, approved the 2007 annual base salaries for its top executive officers on December 1, 2006. The agreement lists the names, positions, and corresponding base salaries for five executives, including the Chairman, President and CEO, CFO, and Vice Presidents of Operations and Marketing. This document formalizes the salary structure for these officers for the 2007 calendar year.

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EX-10.21 2 b63341ncexv10w21.txt EX-10.21 EXECUTIVE OFFICER 2007 SALARIES EXHIBIT 10.21 EXECUTIVE OFFICER 2007 SALARIES On December 1, 2006, the Leadership and Compensation Committee of the Board of Directors of Nashua Corporation approved the following 2007 annual base salaries for Nashua Corporation's named executive officers (as defined in Item 402(a)(3) of Regulation S-K):
Name and Position 2007 Base Salary - ----------------- ---------------- Andrew B. Albert ........................................... $ 110,000 Chairman Thomas G. Brooker........................................... $ 400,000 President and Chief Executive Officer John L. Patenaude .......................................... $ 225,000 Vice President - Finance, Chief Financial Officer and Treasurer Thomas M. Kubis............................................. $ 180,000 Vice President of Operations Michael Travis.............................................. $ 194,000 Vice President of Marketing