Summary of Compensation Arrangements with Scott Gerardin
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Summary
This document outlines the compensation for Scott Gerardin, who became Senior Vice President, General Counsel, and Assistant Secretary of the Corporation as of January 1, 2005. For 2005, his total salary is $133,400, split between Tri City Bankshares and Tri City National Bank. He is also eligible to participate in the company's bonus plan and 2003 stock purchase plan.
EX-10.1 4 exh10_1.txt COMPENSATION ARRANGMENTS WITH SCOTT GERARDIN Exhibit 10.1 Summary of Compensation Arrangements with Mr. Gerardin Mr. Scott Gerardin, an employee-director, was made Senior Vice President, General Counsel, Assistant Secretary of the Corporation effective January 1, 2005. His salary for 2005 is as follows: Tri City Tri City Name Bankshares National Bank Total Scott D. Gerardin $ 5,000 $128,400 $133,400 In addition, officers are eligible to participate in the Corporation's bonus plan and 2003 stock purchase plan.
