Wegener Corporation and Subsidiary EXHIBIT 10.8 Description of Executive Compensation

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Wegener Corporation and Subsidiary
 
EXHIBIT 10.8

Description of Executive Compensation
 
For the fiscal year ended August 29, 2008 compensation paid to the executive officers consisted of their individual salaries, a bonus paid equally to all employees in December 2007, and Company matching 401K contributions. These amounts were as follows:

Name and Position
 
Salary
 
Bonus
 
401k
Contribution
 
Total
 
                   
Robert A. Placek
Chairman of the
Board, President and
Chief Executive Officer;
Director
 
$
179,078
 
$
500
 
$
10,250
 
$
189,828
 
                           
C. Troy Woodbury, Jr.
Treasurer and Chief
Financial Officer;
Director
 
$
140,997
 
$
500
 
$
10,250
 
$
151,747
 
                           
Ned L. Mountain
President and Chief
Operation Officer of
WCI; Director
 
$
147,693
 
$
500
 
$
10,250
 
$
158,443
 

Current annual base salaries in effect for the above executive officers are as follows: Robert A. Placek- $179,078; C. Troy Woodbury, Jr.- $143,924; and Ned L. Mountain - $150,000.