Schedule of Executive Officer Base Salaries for Old Point Financial Corporation (as of March 1, 2011)
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Summary
This document lists the annual base salaries for the executive officers of Old Point Financial Corporation as of March 1, 2011. It names each executive, their title, and their corresponding salary. The agreement serves as a disclosure of compensation for key company officers, including the Chairman, President & CEO, and other senior executives. There are no additional terms, conditions, or obligations beyond the disclosure of these salary amounts.
EX-10.6 2 ex10_6.htm EXHIBIT 10.6 ex10_6.htm
Exhibit 10.6
Base Salaries of Executive Officers of the Registrant
As of March 1, 2011, the following are the base salaries (on an annual basis) of the executive officers (as defined in Item 402 (a)(3) of Regulation S-K) 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 | $ | 275,000 | ||
| Robert F. Shuford, Jr. Senior Vice President/Operations Old Point Financial Corporation | $ | 191,300 | ||
| Joseph R. Witt Senior Vice President/Corporate Banking Old Point Financial Corporation | $ | 188,700 | ||
| Melissa L. Burroughs Senior Vice President/Lending & Business Development Old Point Financial Corporation | $ | 176,000 | ||
| Laurie D. Grabow Chief Financial Officer & Senior Vice President/Finance Old Point Financial Corporation | $ | 173,400 | ||
| Eugene M. Jordan, II Executive Vice President/Trust Old Point Financial Corporation | $ | 163,200 |
