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New words:
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Removed:
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Exhibit 10.2
Executive Compensation Arrangements
In December 2005, the Compensation Committee of the Board of Directors of WMS Industries Inc. (the “Company”) and the independent members of the Board of Directors of the Company approved the following base salaries to be paid for calendar year 2006 effective December 26, 2005, to the individuals listed below who were listed as “named executive officers” in the Company’s proxy statement for the 2005 annual meeting of stockholders:
Name | Title | 2006 Salary | |||
| Brian R. Gamache | President and Chief Executive Officer | $ | 775,000 | ||
| Orrin J. Edidin | Executive Vice President and Chief Operating Officer | $ | 490,000 | ||
| Scott D. Schweinfurth | Executive Vice President and Chief Financial Officer | $ | 450,000 | ||
| Seamus McGill | Executive Vice President and Managing Director of International Operations of WMS Gaming Inc. | $ | 385,000 | ||
| Kathleen J. McJohn | Vice President, General Counsel and Secretary | $ | 310,000 | ||