Schedule of Base Salaries for Executive Officers of Old Point Financial Corporation (as of March 1, 2009)
This document lists the annual base salaries for the executive officers of Old Point Financial Corporation as of March 1, 2009. It names each executive, their title, and their corresponding salary. The agreement serves as a disclosure of compensation for key company officers, as required by SEC regulations. There are no additional terms, conditions, or obligations beyond the disclosure of these salary amounts.
Exhibit 10.6
Base Salaries of Executive Officers of the Registrant
As of March 1, 2009, 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 | $ | 300,000 | |
| Louis G. Morris | $ | 250,000 | |
| Robert F. Shuford, Jr. | $ | 167,500 | |
| Joseph R. Witt | $ | 158,500 | |
| Melissa L. Burroughs | $ | 152,500 | |
| Margaret P. Causby | $ | 151,500 | |
| Laurie D. Grabow | $ | 150,000 | |
| Eugene M. Jordan, II | $ | 150,000 | |
