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EXHIBIT 10.8(h)
DESCRIPTION OF 2014 SALARIES FOR
2013 NAMED EXECUTIVE OFFICERS
Annualized salary rates effective January 1, 2014 for the current executive officers of the Company who are expected to be named in the executive compensation disclosures of the Company’s 2014 proxy statement in relation to fiscal year 2013 (“2013 Named Executive Officers”) are:
Officer Name | 2014 Cash Salary | ||
D. Bryan Jordan | $760,000 | ||
William C. (B.J.) Losch III | 425,000 | ||
Michael E. Kisber | 600,000 | ||
David T. Popwell | 450,000 | ||
Charles T. Tuggle, Jr. | 475,000 |
Salary rates generally continue in effect until they are changed. The cash salary rates for 2014 listed above did not change from those in effect for 2013.