National Dentex Corporation Executive Compensation Arrangements with Becker, Champagne, Coll, and Green
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Summary
National Dentex Corporation has established compensation arrangements for executive officers John W. Green, Richard F. Becker, Jr., Arthur B. Champagne, and Wayne Coll, effective after a corporate realignment. The agreement sets annual base salaries for each executive and outlines their participation in incentive compensation plans for 2006 and 2007, subject to board approval and year-end audit. Additionally, Becker and Champagne are included in a supplemental executive retirement plan, while Coll participates in a supplemental laboratory executive retirement plan.
EX-10.1 2 b63902ncexv10w1.txt EX-10.1 - WRITTEN SUMMARY OF COMPENSATION ARRANGEMENTS Exhibit 10.1 NATIONAL DENTEX CORPORATION Written Summary of Compensation Arrangements with Richard F. Becker, Jr., Arthur B. Champagne, Wayne Coll and John W. Green effective upon corporate realignment announced January 24, 2007 Executive Officers: John W. Green Annual base salary: $350,000 Richard F. Becker, Jr. Annual base salary: $220,000 Arthur B. Champagne Annual base salary: $185,000 Wayne Coll Annual base salary: $160,000 Executive Incentive Compensation Plan - 2006 Messrs. Becker, Champagne and Coll each participate, however calculations are not available until year-end audit is completed and books are closed. Executive Incentive Compensation Plan - 2007 All of the above will participate when Board approves plan. Supplemental Executive Retirement Plan Messrs. Becker and Champagne Supplemental Laboratory Executive Retirement Plan Mr. Coll
