Shares of Shares Underlying Base Salary Restricted Stock Stock OptionsExecutive Officer ($) (#)* (#)*J.S.B. Jenkins President and Chief Executive Officer 2007 $508 ###-###-#### $508 ###-###-#### 0 2006 14 ###-###-#### 0 2006 24,534 Mark J. Flaherty ChiefFinancial Officer, Treasurerand AssistantSecretary 2007 $187 ###-###-#### $187 ###-###-#### 0 2006 6 ###-###-#### 0 2006 10,381 David Lawhon Vice President of Operations 2007 $180,000 2006 $180,000 2007 0 2006 2 ###-###-#### 0 2006 1,490

Contract Categories: Business Finance - Stock Agreements
EX-10.1 2 d35315exv10w1.htm SUMMARY OF FISCAL 2007 AND 2006 ANNUAL BASE SALARIES exv10w1
 

Exhibit 10.1
Executive Officer Compensation Summary — Fiscal 2007 and 2006
             
        Shares of   Shares Underlying
    Base Salary   Restricted Stock   Stock Options
Executive Officer   ($)   (#)*   (#)*
J.S.B. Jenkins
President and Chief
Executive Officer
  2007 – $508,800
2006 – $508,800 		  2007 – 0
2006 – 14,818 		  2007 – 0
2006 – 24,534
 
            
Mark J. Flaherty
 Chief Financial Officer,
 Treasurer and Assistant Secretary
  2007 – $187,500
2006 – $187,500 		  2007 – 0
2006 – 6,270 		  2007 – 0
2006 – 10,381
 
            
David Lawhon
Vice President of Operations
  2007 – $180,000
2006 – $180,000 		  2007 – 0
2006 – 2,467 		  2007 – 0
2006 – 1,490
 
*   All equity grants are based on the Company’s financial performance for the prior fiscal year.
Non-Employee Director Compensation Summary — Fiscal 2007
                                     
            Board and Committee   Shares of     Shares Underlying  
Annual Retainer     Meetings Fees   Restricted Stock     Stock Options  
          ($)     ($)   (#)     (#)  
Board Member (other than
the Chairman of the
            
Audit Committee:		    
Continuing		            
Continuing		        
Board):
   $ 25,000     $2,000 per meeting   Board Member:     0     Board Member:     0  
 
                                    
Audit Committee
           Board and Other   New Board Member:     N/A     New Board Member:     N/A  
Chairperson:
   $ 7,500     Committees: $1,500                    
 
           per meeting                       
 
                                    
Other Committee Chairpersons:
   $ 5,000         Chairman of the Board:     0     Chairman of the Board:     0  
 
                                    
 
Chairman of the Board:
   $ 53,000         New Chairman of the Board:     N/A     New Chairman of the Board:     N/A