Tenneco Inc. 2007 Named Executive Officer Compensation Summary

Summary

This document summarizes the 2007 compensation for Tenneco Inc.'s Chief Executive Officer, Chief Financial Officer, and the next three highest-paid executives. It lists each executive's annual salary and their target bonus under the company's Value Added Incentive Plan for 2007. The summary provides transparency regarding executive pay but does not specify additional terms or conditions beyond the stated compensation figures.

EX-10.38 4 c12486exv10w38.htm SUMMARY OF 2007 NAMED EXECUTIVE OFFICER COMPENSATION exv10w38  

Exhibit 10.38
Summary of 2007 Named Executive Officer Compensation
          The table below shows the current annual salary and 2007 target bonus under the Tenneco Inc. Value Added (“TAVA”) Incentive Plan for the Company’s Chief Executive Officer, the Company’s Chief Financial Officer and each of the next three most highly compensated officers of the Company other than the Chief Executive Officer or Chief Financial Officer (based on compensation received during 2006).
                 
Name   Current Salary   2007 Target Bonus
Gregg Sherrill
  $ 875,000     $ 875,000  
Timothy R. Donovan
  $ 455,050     $ 273,000  
Hari N. Nair
  $ 428,490     $ 273,000  
Kenneth R. Trammell
  $ 408,825     $ 273,000  
Neal Yanos
  $ 338,946     $ 223,000