Schedule of Base Salaries for Executive Officers of Old Point Financial Corporation (as of April 1, 2017)
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Summary
This document lists the annual base salaries for the executive officers of Old Point Financial Corporation as of April 1, 2017. It names each executive, their position, and their corresponding salary. The agreement serves as a record of compensation for key company leaders, including the Chairman, President, Chief Executive Officer, and other senior officers. There are no additional terms, conditions, or obligations specified beyond the disclosure of salary amounts.
EX-10.6 3 ex-10-6.htm EXHIBIT 10.6, BASE SALARIES OF EXECUTIVE OFFICERS OF THE REGISTRANT
EXHIBIT 10.6
Base Salaries of Executive Officers of the Registrant
As of April 1, 2017, the following are the base salaries (on an annual basis) of the executive officers of Old Point Financial Corporation:
| Robert F. Shuford, Sr. | $ | 300,000 | ||
| Chairman, President & Chief Executive Officer Old Point Financial Corporation | ||||
| Robert F. Shuford, Jr. | $ | 330,000 | ||
| Executive Vice President/Bank Old Point Financial Corporation | ||||
| Joseph R. Witt | $ | 297,030 | ||
| Chief Business Development Officer & Senior Vice President Old Point Financial Corporation | ||||
| Laurie D. Grabow | $ | 208,080 | ||
| Chief Financial Officer & Senior Vice President/Finance Old Point Financial Corporation | ||||
| Eugene M. Jordan, II | $ | 190,000 | ||
| Secretary to the Board & Executive Vice President/Trust Old Point Financial Corporation | ||||
| Donald S. Buckless (52) | $ | 187,200 | ||
| Chief Lending Officer & Senior Vice President Old Point Financial Corporation |
