Delaware | 86-0845127 | |
(State or Other Jurisdiction of | (I.R.S. Employer | |
Incorporation or Organization) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
The executive officers are Fletcher J. McCusker, our Chief Financial Officer, Craig A. Norris, our Chief Operating Officer, Michael N. Deitch, our Chief Financial Officer, William Boyd Dover, our President, Fred D. Furman, our General Counsel, Martin J. Favis, our Chief Development Officer, and Mary J. Shea, our Executive Vice President of Program Services. Each executive, except for Mr. Furman, has an employment agreement pursuant to which their base salary shall be reviewed by the Compensation Committee annually. The agreements were filed as exhibits to our registration statement on Form S-1, filed with the Securities and Exchange Commission on June 19, 2004 (Registration No. 333-106286). We do not have an employment agreement with Mr. Furman.
Messrs. McCusker's, Norris', Deitch's, Dover's, Furman's and Favis' annual base salary is currently $190,000, $180,000, $170,000, $165,000, $175,000, and $150,000, respectively, and Ms. Shea's annual base salary is currently $140,000. Beginning April 1, 2005, Messrs. McCusker's, Norris', Deitch's, Dover's, Furman's and Favis' annual base salary will be increased to $250,000, $200,000, $195,000, $190,000, 195,000, and $165,000, respectively, and Ms. Shea's annual base salary will be increased to $165,000.
The Providence Service Corporation | ||||||||
Date: February 18, 2005. | By: | /s/ Michael N. Deitch | ||||||
Michael N. Deitch | ||||||||
Chief Financial Officer | ||||||||