2007 Base Salary Schedule for Named Executive Officers of Virginia Financial Group, Inc.

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists the annual base salaries effective January 1, 2007, for the named executive officers of Virginia Financial Group, Inc. It specifies the salary amounts for each executive, including the Chairman and CEO, Executive Vice Presidents, President and CEO of Planters Bank & Trust Company of Virginia, and the Chief Credit Officer. The schedule serves as a record of compensation for these key officers for the year 2007.

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EX-10.13 6 dex1013.htm SCHEDULE OF 2007 BASE SALARIES Schedule of 2007 Base Salaries

EXHIBIT 10.13

BASE SALARIES FOR NAMED EXECUTIVE OFFICERS OF

VIRGINIA FINANCIAL GROUP, INC.

The following are the base salaries (on an annual basis) in effect as of January 1, 2007 of the current named executive officers of Virginia Financial Group, Inc.:

 

O. R. Barham, Jr.
Chairman and Chief Executive Officer

    $ 342,000

Jeffrey W. Farrar
Executive Vice President and Chief Financial Officer

    $ 185,000

Litz Van Dyke
Executive Vice President and Chief Operating Officer

    $ 212,959

James T. Huerth
President and Chief Executive Officer, Planters Bank & Trust
Company of Virginia

    $ 192,400

Richard L. Saunders
Chief Credit Officer

    $ 149,620