Exhibit 10.7.3

 

 

Employment Arrangements with William H. Henderson

 

America’s Car-Mart, Inc. (the “Company”) has a written employment agreement with
William H. Henderson.  This agreement is filed as Exhibit 10.6 to the Company’s
Quarterly Report on Form 10-Q for the quarter ended July 31, 2003.  Mr.
Henderson receives an annual salary of $255,000 per year and a quarterly bonus
equal to 1.0% of the Company’s net income during such period.  In addition to
the benefits described in his employment agreement, Mr. Henderson is entitled to
the following fringe benefits:  use of a company car, cell phone service,
long-term disability insurance, health insurance for him and his family and
payment of health or country club dues.  The Company did not make any payments
for dues to a health or country club or long-term disability insurance for Mr.
Henderson during fiscal 2005.  Mr. Henderson’s salary, bonus and fringe benefits
are subject to adjustment at the discretion of the Company’s board of directors
and price increases.

 

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