Exhibit 10.25

 

Summary of Compensatory Arrangements with Executive Officers

 

The compensation committee of the board of directors approved a schedule of the
following fiscal year 2005 performance bonuses and fiscal year 2006 base
salaries for each of our named executive officers:

 

Name and Principal Position

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2005

Bonus

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2006

Base Salary

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Michael F. Neidorff
Chairman and Chief Executive Officer

   $ 1,000,000    $ 950,000

Joseph P. Drozda, Jr., M.D.
Executive Vice President, Chief Medical Officer

   $ 50,000    $ 395,000

James D. Donovan, Jr.
Senior Vice President, Health Plans

   $ 75,000    $ 400,000

William N. Scheffel
Senior Vice President, Specialty Companies

   $ 100,000    $ 425,000

Karey L. Witty
Senior Vice President, Chief Financial Office, Secretary and Treasurer

   $ 100,000    $ 400,000

 

The basis for awarding bonuses, if any, to the executive officers named above
shall be determined in accordance with the provisions of their respective
employment agreements.