Schedule of Executive Officer Base Salaries for Old Point Financial Corporation as of July 1, 2012
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Summary
This document lists the annual base salaries for the executive officers of Old Point Financial Corporation as of July 1, 2012. 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 or conditions beyond the salary amounts.
EX-10.6 2 ex10_6.htm EXHIBIT 10.6 ex10_6.htm
| Base Salaries of Executive Officers of the Registrant | Exhibit 10.6 |
As of July 1, 2012, 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 | ||||
| Louis G. Morris | $ | 300,000 | ||
| Executive Vice President/OPNB | ||||
| Old Point Financial Corporation | ||||
| Robert F. Shuford, Jr. | $ | 220,000 | ||
| Senior Vice President/Operations | ||||
| Old Point Financial Corporation | ||||
| Joseph R. Witt | $ | 217,000 | ||
| Senior Vice President/Corporate Banking | ||||
| Old Point Financial Corporation | ||||
| Melissa L. Burroughs | $ | 177,800 | ||
| Senior Vice President/Lending & Business Development | ||||
| Old Point Financial Corporation | ||||
| Laurie D. Grabow | $ | 176,001 | ||
| Chief Financial Officer & Senior Vice President/Finance | ||||
| Old Point Financial Corporation | ||||
| Eugene M. Jordan, II | $ | 164,832 | ||
| Executive Vice President/Trust | ||||
| Old Point Financial Corporation |
