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Exhibit 10.12(a)
SUMMARY OF SALARIES FOR
NAMED EXECUTIVE OFFICERS
(as of December 31, 2012)
The following summarizes, as of December 31, 2012, the salaries of the Company’s Chief Executive Officer and the other officers who will be named in the Summary Compensation Table in the proxy statement for the Company’s upcoming Annual Meeting of Stockholders (the “Named Executive Officers”). Gerald B. Seery retired from his employment with the Company effective January 2, 2013.
The executive officers of the Company serve at the discretion of the Board of Directors. The Compensation Committee of the Board reviews and determines the salaries that are paid to the Company’s executive officers, including the Named Executive Officers.
Named Executive Officer | Salary | |||
Steven G. Anderson | $ | 656,940 | ||
D. Ashley Lee | $ | 361,424 | ||
Jeffrey W. Burris | $ | 290,000 | ||
David M. Fronk | $ | 269,400 | ||
Scott B. Capps | $ | 265,000 | ||
Gerald B. Seery | $ | 290,000 |