Summary of Officer Compensation Arrangements for W. Gregory Looser (Senior VP and CAO)
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Summary
This document outlines changes to the compensation of W. Gregory Looser following his appointment as Senior Vice President and Chief Administrative Officer at Pride in August 2009. His base salary was increased from $402,000 to $425,000 per year, and his 2009 target bonus was raised from 60% to 65% of his base salary. Compensation for other named executive officers at Pride remained unchanged.
EX-10.4 2 ex10_4.htm SUMMARY OF CERTAIN OFFICER COMPENSATION ARRANGEMENTS ex10_4.htm
Exhibit 10.4
Certain Officer Compensation Arrangements
In connection with his appointment as Senior Vice President and Chief Administrative Officer in August 2009, W. Gregory Looser received an increase in base salary from $402,000 to $425,000 per year and an increase in the 2009 target bonus (as a percentage of base salary) from 60% to 65%. The base salary and target bonus with respect to the other named executive officers currently employed by Pride did not change.
