Nashua Corporation Executive Officer 2006 Salary Approval

Contract Categories: Human Resources › Compensation Agreements
Summary

Nashua Corporation's Board of Directors, through its Leadership and Compensation Committee, approved the 2006 annual base salaries for its executive officers on December 5, 2005. The agreement lists the names, positions, and corresponding base salaries for the company's top executives, including the Chairman, President, Chief Executive Officer, and various Vice Presidents. This document formalizes the compensation for these officers for the 2006 fiscal year.

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EX-10.14 2 b58478ncexv10w14.txt EX-10.14 EXECUTIVE OFFICERS 2006 SALARIES EXHIBIT 10.14 EXECUTIVE OFFICER 2006 SALARIES On December 5, 2005, the Leadership and Compensation Committee of the Board of Directors of Nashua Corporation approved the following 2006 annual base salaries for the Company's named executive officers (as defined in Item 402(a)(3) of Regulation S-K):
Name and Position 2006 Base Salary - ---------------------------------------------------------- ---------------- Andrew B. Albert ......................................... $ 450,000 Chairman, President and Chief Executive Officer John L. Patenaude ........................................ $ 225,000 Vice President - Finance, Chief Financial Officer and Treasurer Thomas R. Pagel .......................................... $ 215,000 Vice President President, Label Products Division Donna J. DiGiovine ....................................... $ 220,000 Vice President President, Coated Paper Division President, Toner Products Division Margaret S. Adams ........................................ $ 220,000 Vice President, Chief Information Officer President, Converted Paper Division