Summary of 2006 Named Executive Officer Compensation for Tenneco Inc.

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the 2006 annual salaries and target bonuses for Tenneco Inc.'s Chief Executive Officer and its four other highest-paid executives. It lists each executive's name, current salary, and the target bonus amount under the company's Value Added Incentive Plan. The agreement provides transparency regarding executive compensation for the specified year but does not impose additional obligations or conditions beyond the disclosure of these figures.

Read More Arrow
EX-10.38 3 c03134exv10w38.txt SUMMARY OF 2006 NAMED EXECUTIVE OFFICER COMPENSATION Exhibit 10.38 Summary of 2006 Named Executive Officer Compensation The table below shows the current annual salary and 2006 target bonus under the Tenneco Inc. Value Added ("TAVA") Incentive Plan for the Company's Chief Executive Officer and each of the next four most highly compensated officers of the Company other than the Chief Executive Officer (based on salary and bonus received during 2005).
- ------------------------------------------------------------------------------- Name Current Salary 2006 Target Bonus - ------------------------------------------------------------------------------- Mark P. Frissora $885,000 $885,000 - ------------------------------------------------------------------------------- Timothy R. Donovan $439,662 $273,000 - ------------------------------------------------------------------------------- Hari N. Nair $414,000 $273,000 - ------------------------------------------------------------------------------- Kenneth R. Trammell $395,000 $273,000 - ------------------------------------------------------------------------------- Richard P. Schneider $378,872 $161,000 - -------------------------------------------------------------------------------