Named Executive Officer Compensation Schedule 2005 Long-Term Name & Principal Position 2005 Salary 2005 Bonus Incentive Award(1) 2006 Base Salary Timothy H. Callahan $ 1,050,000 $ 1,760,000 58,637 RSRs $ 1,110,000 Michael C. Colleran 400,000 650,000 28,785 RSRs 425,000 William R.C. Tresham 400,000 550,000 26,652 RSRs 425,000 Brian K. Lipson 400,000 450,000 21,322 RSRs 414,000 Ted R. Jadwin 290,000 185,000 9,595 RSRs 300,000
EX-10.1 2 c02381exv10w1.htm NAMED EXECUTIVE OFFICER COMPENSATION SCHEDULE exv10w1
Exhibit 10.1
Named Executive Officer Compensation Schedule
| 2005 Long-Term | ||||||||||||||||||||
| Name & Principal Position | 2005 Salary | 2005 Bonus | Incentive Award(1) | 2006 Base Salary | ||||||||||||||||
Timothy H. Callahan | $ | 1,050,000 | $ | 1,760,000 | 58,637 RSRs | $ | 1,110,000 | |||||||||||||
Michael C. Colleran | 400,000 | 650,000 | 28,785 RSRs | 425,000 | ||||||||||||||||
William R.C. Tresham | 400,000 | 550,000 | 26,652 RSRs | 425,000 | ||||||||||||||||
Brian K. Lipson | 400,000 | 450,000 | 21,322 RSRs | 414,000 | ||||||||||||||||
Ted R. Jadwin | 290,000 | 185,000 | 9,595 RSRs | 300,000 | ||||||||||||||||
| (1) | Upon vesting of the restricted stock rights (the “RSRs”), one share of Trizec’s common stock is issuable for each RSR that vests. The RSR award granted to each executive officer represents the number of RSRs awarded based on $23.45 per share of Trizec common stock, the closing price on February 6, 2006. |
