Exhibit 10.23 RYAN'S 1998 EXECUTIVE BONUS PLAN OBJECTIVES: Encourage team building and working together toward common goals Communicate key organizational goals Focus the efforts and attention on the management team Should reward only excellent/superior performance levels Should be highly leveraged (20% - 50%) Annual payment of bonuses ELIGIBILITY REQUIREMENTS Corporate Level Officer Based Plan 8 of the 9 Officers Are Covered By This Plan (Alan Shaw Already Participates in a Separate Plan) LEVEL OF BONUS AMOUNT As a Percentage of Base Pay Target Level Varies Based Upon Performance PERFORMANCE MEASURES PLAN WITH DEPARTMENTAL OBJECTIVES: Approximately 2/3 of Bonus From Company Objectives for 7 Executives: Ed McCranie Jack Jamison Morgan Graham Randy Hart Ilene Turbow Fred Grant Janet Gleitz Approximately 1/3 of Bonus From Departmental/Personal Objectives: Quantitative and Qualitative Objectives Participants' Suggestions for Objectives Approval of Pre-established Measures by CEO Attached Point System to Determine Extent of Bonus PLAN WITHOUT DEPARTMENTAL OBJECTIVES: 100 % of Bonus From Company Objectives for 1 Executive Charlie Way Attached point system to determine extent of bonus Individual executive officers' target bonus level information has been omitted pursuant to Instruction 1 to Item 601(b) (10) of Regulation S-K promulgated under the Securities Exchange Act of 1934 as amended.