Executive and Director Compensation Exhibit
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.30 10 dex1030.htm LETTER AGREEMENT Letter Agreement
Exhibit 10.30
Executive and Director Compensation Exhibit
Per annum base salaries of the Executive Officers of the Company as of May 16, 2005:
| Executive Officers | Per Annum Base Salaries as of May 16, 2005 | ||
| Paul Cormier | $ | 275,000 | |
| Michael Cunningham | $ | 225,000 | |
| Charles E. Peters, Jr. | $ | 275,000 | |
| Alex Pinchev | $ | 300,000 | |
| Joanne Rohde | $ | 275,000 | |
| Matthew Szulik | $ | 400,000 | |
Board of Directors’ retainers as of May 16, 2005:
| Directors | Board Retainer | Lead Director Retainer | Director Committee Memberships | Total Annual per Director | Deferred Stock Election | |||||||||||||||
| Audit | Comp | |||||||||||||||||||
| E. McDonald | $ | 30,000 | $ | 10,000 | $ | 5,000 | $ | 45,000 | 100% of all compensation | |||||||||||
| M. Fox | $ | 30,000 | $ | 10,000 | $ | 5,000 | $ | 45,000 | N/A | |||||||||||
| W. Kaiser | $ | 30,000 | $ | 20,000 | $ | 10,000 | $ | 0 | $ | 60,000 | N/A | |||||||||
| H. Shelton | $ | 30,000 | $ | 10,000 | $ | 5,000 | $ | 45,000 | 50% of all compensation | |||||||||||
| W. Albrecht | $ | 30,000 | $ | 20,000 | $ | 5,000 | $ | 55,000 | 50% of equity compensation only | |||||||||||
| E. Kozel | $ | 30,000 | $ | 5,000 | $ | 5,000 | $ | 40,000 | N/A | |||||||||||
Director Stock Compensation Summary
| * | Initial Election: 40,000 options, 3 year vesting |
| * | Annual Grant (on the earlier of (i) date of annual Shareholders Meeting or (ii) August 13, 2005: 10,000 options, fully vested |
| * | Deferred Stock Unit Conversion ratio: 35 DSU’s per 100 options |
