Summary of 2005 Base Salaries and 2004 Bonuses for Named Executive Officers
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Summary
This document lists the 2005 base salaries and 2004 bonuses for key executive officers of the company, including the Chairman and CEO, Vice Presidents, and other senior management. It specifies the compensation amounts for each named individual, effective as of April 1, 2005, and provides transparency regarding executive pay. The agreement does not outline additional obligations or conditions beyond the disclosure of these compensation figures.
EX-10.1 3 d63097_ex10-1.htm SUMMARY OF BASE SALARY
EXHIBIT 10.1 2005 BASE SALARIES AND 2004 BONUSES FOR NAMED EXECUTIVE OFFICERS |
| Name and Title | 2005 Base Salary (effective 4/1/05) | 2004 Bonus | |||||
|---|---|---|---|---|---|---|---|
| Robert L. Bowen | $ | 300,000 | $ | 137,500 | |||
| Chairman of the Board and Chief Executive Officer | |||||||
| Glenn G. Chapin | $ | 208,000 | $ | 104,333 | |||
| Vice President, Education Sales | |||||||
| Jane A. Freeman | $ | 219,000 | $ | 87,640 | |||
| Senior Vice President, Chief Financial Officer and Treasurer | |||||||
| Linda L. Carloni | $ | 196,000 | $ | 58,844 | |||
| Vice President, General Counsel and Secretary | |||||||
| William M. Jenkins | $ | 197,000 | $ | 60,904 | |||
| Senior Vice President, Product Development | |||||||
