Tri City
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.