Jeanne C. Crawford The Company has an employment agreement with Jeanne Crawford Vice President - Human Resources which agreement was effective as of March 1 2003 and continues for an indefinite term until terminated in accordance with its terms. Ms. Crawford's current annual base salary under the agreement is $145 000. Ms. Crawford is also eligible to earn an annual bonus based on criteria set by the Company's CEO and approved by the Compensation and Human Capital Committee. The agreement may be terminated by either party upon written notice to the other party. If Ms. Crawford is terminated without cause she will continue to receive her base salary for a period of three months following such termination.
|