Summary of Compensation Arrangements for Executive Officers of Tri City Entities
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
This document outlines the compensation arrangements for executive officers of Tri City Bankshares, Tri City National Bank, and Tri City Capital Corp. as of February 29, 2012. It lists the annual salaries for Ronald K. Puetz, Robert W. Orth, Scott A. Wilson, and Scott D. Gerardin, and notes that these officers do not have employment agreements with the company. Additionally, the executive officers are eligible to participate in the Bank’s bonus plan.
EX-10.1 2 ex10-1.htm EX 10.1 ex10-1.htm
EXHIBIT 10.1
Summary of Compensation
Arrangements with Certain Persons
The Bank’s executive officers do not have employment agreements with the Registrant. Their salaries as of February 29, 2012 were as follows:
| Tri City | Tri City | Tri City | ||||||||||||||
| Name | Bankshares | National Bank | Capital Corp. | Total | ||||||||||||
| Ronald K. Puetz | $ | 44,000 | $ | 432,700 | $ | 1,500 | $ | 478,200 | ||||||||
| Robert W. Orth | $ | 22,000 | $ | 351,700 | $ | 1,000 | $ | 374,700 | ||||||||
| Scott A. Wilson | $ | 22,000 | $ | 318,300 | $ | 1,000 | $ | 341,300 | ||||||||
| Scott D. Gerardin | $ | 5,500 | $ | 188,000 | $ | - | $ | 193,500 | ||||||||
In addition, executive officers are eligible to participate in the Bank’s bonus plan.
