Compensation Information for Named Executive Officers of Website Pros, Inc.
This document outlines the 2007 cash bonuses and 2008 annual base salaries for the named executive officers of Website Pros, Inc. David L. Brown, Chief Executive Officer, received a $200,000 bonus and a $385,000 salary. Kevin M. Carney, Chief Financial Officer, received a $100,000 bonus and a $245,000 salary. Jeffrey M. Stibel, President, began employment in late 2007 and will be eligible for a 2008 bonus. The agreement details compensation terms for these key executives.
EXHIBIT 10.13
COMPENSATION INFORMATION FOR NAMED EXECUTIVE OFFICERS
The table below provides information regarding the 2007 cash bonus and 2008 annual base salary of each named executive officer of Website Pros, Inc. (the “Company”):
| Named Executive Officer (1) |
| 2007 |
| 2008 Annual |
| ||
| David L. Brown |
| $ | 200,000 |
| $ | 385,000 |
|
| Chief Executive Officer |
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| Kevin M. Carney |
| $ | 100,000 |
| $ | 245,000 |
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| Chief Financial Officer |
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(1) Jeffrey M. Stibel, the Company’s President, commenced employment with the Company on September 30, 2007, upon the consummation of the acquisition of Web.com, Inc. Mr. Stibel will be eligible for a bonus for 2008.
