Quicksilver Resources Inc. 2011 Executive Cash Bonus Award Description for Philip W. Cook and John C. Cirone
Quicksilver Resources Inc. awarded one-time cash bonuses to executive officers Philip W. Cook and John C. Cirone for their contributions to various projects in 2011. The Compensation Committee approved payments of $75,000 to Mr. Cook and $60,000 to Mr. Cirone, with the bonuses to be paid on December 30, 2011. This document outlines the decision and the amounts granted to each executive.
Exhibit 10.17
QUICKSILVER RESOURCES INC.
Description of 2011 Cash Bonuses
After considering the contributions made to multiple projects by Mr. Philip W. Cook and Mr. John C. Cirone during 2011, the Compensation Committee of the Board of Directors of Quicksilver Resources Inc. approved payment of a one-time cash bonus payable on December 30, 2011 to the following executive officers:
Name | Amount | |||
Philip W. Cook | $ | 75,000 | ||
John C. Cirone | $ | 60,000 |