EX-10.12: SUPPORT AGREEMENT

EX-10.11 2 u49868exv10w11.htm EX-10.11 exv10w11
 

Exhibit 10.11
WESTERN ALLIANCE BANCORPORATION
SUMMARY OF COMPENSATION ARRANGEMENTS WITH NAMED EXECUTIVE OFFICERS
     The named executive officers of Western Alliance Bancorporation (the “Company”) are “at will” employees lacking written employment agreements with the Company. The annual base salaries of the named executive officers are set annually by the Company’s Board of Directors, based on the Compensation Committee’s recommendation. For 2006, the annual base salaries of the Company’s named executive officers are as follows:
             
Robert Sarver
  Chairman, President and
Chief Executive Officer 		  $500,0001
 
            
Larry Woodrum
  Executive Vice President,
Nevada Administration 		  $ 330,000  
 
            
Dale Gibbons
  Executive Vice President and
Chief Financial Officer 		  $ 260,000  
 
            
James Lundy
  Executive Vice President,
Arizona Administration 		  $ 225,000  
 
            
Linda Mahan
  Executive Vice President,
Operations 		  $ 185,000  
     In addition to their base salary, each of the named executive officers is eligible for a bonus and to participate in the Company’s 2005 Stock Incentive Plan.
 
1   This figure represents Mr. Sarver’s 2005 base salary; his 2006 base salary has not yet been determined by the Compensation Committee. Further information will be provided in the Western Alliance proxy materials to be sent out in connection with its 2006 annual meeting.