CompensatoryArrangements with Certain Executive Officers

EX-10.26 3 a07-5320_1ex10d26.htm EX-10.26

Exhibit 10.26

Compensatory Arrangements with Certain Executive Officers

Set forth below are the 2007 salaries of the named executive officers and the discretionary cash bonuses paid to the named executive officers for performance in 2006: 

Name and Title

 

Salary for Fiscal
2007

 

Cash Bonus for
Fiscal 2006(1)

 

 

 

 

 

 

 

Peter M. Carlino Chairman and Chief Executive Officer

 

$

1,500,000

 

$

1,400,000

 

 

 

 

 

 

 

Leonard M. DeAngelo Executive Vice President of Operations

 

$

750,000

 

$

625,000

 

 

 

 

 

 

 

William J. Clifford Senior Vice President-Finance and Chief Financial Officer

 

$

700,000

 

$

585,000

 

 

 

 

 

 

 

Jordan B. Savitch Senior Vice President and General Counsel

 

$

405,000

 

$

260,000

 

 

 

 

 

 

 

Robert Ippolito Vice President, Secretary and Treasurer

 

$

270,000

 

$

182,000

 


(1)             The bonuses granted were based on the Company’s overall performance, including its earnings, in 2006 and well as the executives’ individual performance in 2006.