Summary of 2005 Named Executive Officer Compensation for Tenneco Automotive

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Summary

This document outlines the 2005 annual salaries and target bonuses for Tenneco Automotive's Chief Executive Officer and its four next highest-paid executives. The listed salaries remain unchanged from 2004, and the target bonuses are specified either as a fixed amount or, for the CEO, as equal to one times his salary. The agreement provides a clear record of executive compensation for the year 2005.

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EX-10.38 4 c91289exv10w38.txt SUMMARY OF 2005 NAMED EXECUTIVE OFFICER COMPENSATION EXHIBIT 10.38 Summary of 2005 Named Executive Officer Compensation The table below shows the current annual salary and 2005 target bonus under the Tenneco Automotive Value Added 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 2004). The current salary for each of the individuals named below is unchanged from the salary that such individual received during 2004.
Name Current Salary 2005 Target Bonus ---- -------------- ----------------- Mark P. Frissora $751,900 One Times Salary Timothy R. Donovan $410,429 $273,000 Hari N. Nair $355,630 $273,000 Kenneth R. Trammell $330,211 $223,000 Richard P. Schneider $362,031 $161,000