2006 Officer Salary and Bonus Target Schedule for Named Executives
This document lists the 2006 annual salaries and target bonuses for six company officers: Thomas W. Adams, Marty J. Rowland, Mary Mikkelson, Roger G. Addison, Robert Y. Brown, and Gregory E. Thomas. Each officer's bonus target is set as a percentage of their annual salary, with actual eligibility to be determined based on operational and financial metrics established by the Board and Executive Compensation Committee at their December meetings.
Exhibit 10.1
| Officer |
| Annual Salary |
| 2006 Bonus Target* |
| |
|
|
|
|
|
|
| |
| Thomas W. Adams |
| $ | 656,000 |
| 100% of annual salary |
|
|
|
|
|
|
|
| |
| Marty J. Rowland |
| $ | 359,000 |
| 65% of annual salary |
|
|
|
|
|
|
|
| |
| Mary Mikkelson |
| $ | 332,000 |
| 60% of annual salary |
|
|
|
|
|
|
|
| |
| Roger G. Addison |
| $ | 282,000 |
| 50% of annual salary |
|
|
|
|
|
|
|
| |
| Robert Y. Brown |
| $ | 262,000 |
| 45% of annual salary |
|
|
|
|
|
|
|
| |
| Gregory E. Thomas |
| $ | 248,000 |
| 45% of annual salary |
|
*Operational and financial metrics for determining bonus eligibility will be determined at the Board’s and Executive Compensation Committee’s December meetings.
