National Dentex Corporation Compensation Arrangement with David L. Brown (President & CEO)
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Summary
National Dentex Corporation has established a compensation arrangement with David L. Brown, its President and Chief Executive Officer, effective June 1, 2008. Mr. Brown will receive an annual base salary of $400,000. He is also eligible to participate in the company's 2008 Executive Incentive Compensation Plan, with final calculations to be determined after the 2009 year-end audit. Additionally, Mr. Brown participates in two supplemental executive retirement plans as part of his benefits package.
EX-10.2 2 b71184ndexv10w2.htm EX-10.2 WRITTEN SUMMARY OF COMPENSATION ARRANGEMENTS exv10w2
Exhibit 10.2
NATIONAL DENTEX CORPORATION
Written Summary of Compensation Arrangements with David L. Brown,
President and Chief Executive Officer effective June 1, 2008
President and Chief Executive Officer effective June 1, 2008
A. Base Salary:
David L. Brown Annual base salary: $400,000
B. Executive Incentive Compensation Plan 2008:
Mr. Brown will participate, however calculations are not available until year-end audit is completed and books are closed in 2009.
C. Supplemental Executive Retirement Plans:
Mr. Brown participates in two of these plans.