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EXHIBIT 10.1(b)
UPDATED SCHEDULE(1) OF
INITIAL SALARIES AND TARGET BONUS OPPORTUNITIES
FOR NAMED EXECUTIVE OFFICERS
AS SET FORTH IN EXECUTIVE EMPLOYMENT AGREEMENTS
Name | Base Salary(2) | Target Bonus(2) | ||||||
Eddie Capel | $ | 475,000 | $ | 475,000 | ||||
Dennis B. Story | $ | 360,000 | $ | 250,000 | ||||
Bruce S. Richards | $ | 283,000 | $ | 160,000 | ||||
Robert G. Howell | $ | 240,000 | $ | 240,000 |
(1) | This schedule replaces the similar schedule appearing at the back of the Form of Executive Employment Agreement filed as Exhibit 10.1 to the Company’s Form 8-K filed on April 4, 2013. |
(2) | Salaries and target bonuses set forth above are as initially set forth in employment agreements, and are subject to subsequent increase or adjustment at the discretion of the Board of Directors or the Compensation Committee thereof. |