2004 Executive Officer Cash Bonus Arrangements for Named Executives
This document outlines the discretionary cash bonuses awarded to certain executive officers of the company for their performance in 2004. The bonuses, which vary by individual, were determined based on the company's overall financial results and each executive's individual contributions during the year. The named executives include the Chairman and CEO, President and COO, Executive Vice President of Operations, Senior Vice President-Finance and CFO, and Senior Vice President and General Counsel.
Exhibit 10.30
Compensatory Arrangements with Certain Executive Officers
Set forth below are the discretionary cash bonuses paid to named executive officers for performance in 2004:
| Name and Title |
| Cash Bonus for |
| |
|
|
|
|
| |
| Peter M. Carlino |
| $ | 832,000 |
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|
|
|
| |
| Kevin G. DeSanctis |
| $ | 728,000 |
|
|
|
|
|
| |
| Leonard M. DeAngelo |
| $ | 460,000 |
|
|
|
|
|
| |
| William J. Clifford |
| $ | 400,000 |
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|
|
|
| |
| Jordan B. Savitch |
| $ | 315,000 |
|
(1) The bonuses granted were based on the Company’s overall performance, including its earnings, in 2004 as well as the executives’ individual performance in 2004.
