Schedule of Executive Officer Base Salaries for Old Point Financial Corporation (as of April 1, 2015)
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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, 2015. It names each executive, their title, and their corresponding salary. The agreement serves as a record of compensation for the company's top management, including the Chairman, President & CEO, Executive Vice Presidents, Senior Vice Presidents, and the Chief Financial Officer. There are no additional terms, conditions, or obligations specified beyond the disclosure of these salary amounts.
EX-10.6 3 ex-10-6.htm EXHIBIT 10.6
Exhibit 10.6
Base Salaries of Executive Officers of the Registrant
As of April 1, 2015, 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 | $ | 283,700 | ||
| Joseph R. Witt Senior Vice President/Corporate Banking Old Point Financial Corporation | $ | 280,000 | ||
| Laurie D. Grabow Chief Financial Officer & Senior Vice President/Finance Old Point Financial Corporation | $ | 200,000 | ||
| Eugene M. Jordan, II Executive Vice President/Trust Old Point Financial Corporation | $ | 180,000 |
