Schedule of Named Executive Officer Base Salaries (Effective January 1, 2007)
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Summary
This document lists the annual base salaries for the company's named executive officers as of January 1, 2007. The officers and their respective salaries are: Mike Brooks ($475,000), David Sharp ($385,000), James E. McDonald ($280,000), and Thomas R. Morrison ($220,000). The schedule is intended to disclose executive compensation in accordance with SEC regulations for the company's 2007 proxy statement.
EX-10.3 4 l23800aexv10w3.htm EX-10.3 EX-10.3
Exhibit 10.3
Schedule of Named Executive Officer Base Salaries
(as of January 1, 2007)
(as of January 1, 2007)
Effective January 1, 2007, the base salaries of the named executive officers of the Company (as defined by Item 402(a)(3) of Regulation S-K for purposes of the Companys proxy statement for the 2007 annual meeting of shareholders) shall be as follows:
Name | 2007 Base Salary | |||
Mike Brooks | $ | 475,000 | ||
Chairman of the Board and Chief Executive Officer | ||||
David Sharp | $ | 385,000 | ||
President and Chief Operating Officer | ||||
James E. McDonald | $ | 280,000 | ||
Executive Vice President and Chief Financial Officer | ||||
Thomas R. Morrison | $ | 220,000 | ||
Senior Vice President of Wholesale Sales |
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