Exhibit 10.46
Schedule of 2009 Annual Incentive Bonus Compensation Payouts
and 2009 and 2010 Base Salaries for Named Executive Officers

Named Executive Officer
 
2009 Base Salary
   
2010 Base Salary
   
2009 Annual 
Incentive Bonus 
Compensation (1)
 
Paul O. Bower (2)
  $ 375,000       –     $ 258,000  
Randall H. Brown
  $ 253,000     $ 258,060     $ 219,604  
Craig L. Cardwell (3)
  $ 197,000       –     $ 143,416  
Randy Churchey (4)
    –     $ 400,000       –  
Thomas J. Hickey
  $ 168,500     $ 140,000     $ 69,338  
Thomas Trubiana
  $ 190,000     $ 193,800     $ 164,920  

 

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(1) Amounts listed in this column reflect annual incentive cash bonuses paid
pursuant to the Incentive Compensation Plan for Executive Officers.
(2) Effective December 31, 2009, Mr. Bower retired from the offices of President
and Chief Executive Officer of Education Realty Trust, Inc.
(3) Effective February 12, 2010, Mr. Cardwell concluded his employment with
Education Realty Trust, Inc. by resigning from the offices of Executive Vice
President of Education Realty Trust, Inc. and President of Allen & O’Hara
Education Services, Inc.
(4) Effective January 1, 2010, the Board of Directors appointed Randy Churchey
to serve as President and Chief Executive Officer of Education Realty Trust,
Inc.

 
 

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