Schedule of Executive Officer Base Salaries for Old Point Financial Corporation (as of March 1, 2014)

Summary

This document lists the annual base salaries for the executive officers of Old Point Financial Corporation as of March 1, 2014. It names each executive, their title, and their corresponding salary. The agreement serves as a record of compensation for the company's top management but does not specify additional terms, conditions, or benefits beyond the stated salaries.

EX-10.6 3 ex-10-6.htm EXHIBIT 10.6
Base Salaries of Executive Officers of the Registrant                                             Exhibit 10.6

As of March 1, 2014, the following are the base salaries (on an annual basis) of the executive officers of Old Point Financial Corporation:

Robert F. Shuford, Sr.
Chairman, President & Chief Executive Officer
Old Point Financial Corporation
 
$300,000
Louis G. Morris
Executive Vice President/OPNB
Old Point Financial Corporation
 
$300,000
Robert F. Shuford, Jr.
Senior Vice President/Operations
Old Point Financial Corporation
 
$234,600
Joseph R. Witt
Senior Vice President/Corporate Banking
Old Point Financial Corporation
 
$231,540
Melissa L. Burroughs
Senior Vice President/Lending & Business Development
Old Point Financial Corporation
 
$182,995
Laurie D. Grabow
Chief Financial Officer & Senior Vice President/Finance
Old Point Financial Corporation
 
$190,000
Eugene M. Jordan, II
Executive Vice President/Trust
Old Point Financial Corporation
 
$173,000