**Exhibit 10.16****Summary of Compensation Arrangements with Executive Officers**The following summarizes the compensation and benefits received by the Chief Executive Officer ofPRG-Schultz International, Inc. (“the Company”), the Chief Financial Officer of the Company and theCompany’s other three most highly compensated executive officers (the “Named Executive Officers”)as of December 31, 2006.The Named Executive Officers of the Company all have written Employment Agreements with the Companywhich are filed as exhibits to the Company’s Annual Report on Form 10-K. This summary includes onlycertain portions of the compensation provisions of the Employment Agreements, which set forth otherimportant terms and conditions of the officers’ employment arrangements including certainrestrictive covenants and tax provisions. The Named Executive Officers are also party to theCompany’s standard form of Indemnification Agreement, a copy of which is filed as an exhibit to theCompany’s Annual Report on Form 10-K.This summary is intended to be a summary of existing arrangements, and in no way is intended toprovide any additional rights to any of the Named Executive Officers.**Base Salaries**Each of the Company’s Named Executive Officers is entitled to receive a base salary under the termsof his Employment Agreement. Such base salary is subject to annual review and increase by theCompensation Committee of the Board of Directors of the Company. The following table sets forththe base salary for each of the Company’s Named Executive Officers as of December 31, 2006:     James B. McCurry, Chairman, President and Chief Executive Officer $500,000 Peter Limeri, Chief Financial Officer $220,000 Bradley T. Roos, Senior Vice President- Europe $323,000 Larry Robinson Senior Vice President – Asia Pacific, LatinAmerica and Canada $329,055 N. Lee White, Executive Vice President – U.S. Operations $168,750* * Mr. White joined the Company in June 2006.**Annual Incentive Compensation***Performance Bonus Plan*All of the Company’s Named Executive Officers are eligible to participate under the Company’sPerformance Bonus Plans. Cash bonuses awarded under the Performance Bonus Plan are contingent uponthe Company’s operating results and the achievement of certain financial performance objectives.The Company’s Performance Bonus Plans are filed as exhibits with the Company’s Annual on Form 10-Kand Quarterly Reports on Form 10-Q.The following table sets forth the performance bonus earned by each of the Company’s NamedExecutive Officers in 2006, which bonuses were paid during the first quarter of 2007:
 

 
     James B. McCurry, Chairman, President and Chief Executive Officer $700,000 Peter Limeri, Chief Financial Officer $176,000 Bradley T. Roos, Senior Vice President- Europe $258,400 Larry Robinson Senior Vice President – Asia Pacific, LatinAmerica and Canada $303,290 N. Lee White, Executive Vice President – U.S. Operations $139,600 *Stock Options and Restricted Stock*The Named Executive Officers are eligible to receive options and restricted stock under theCompany’s stock incentive plan, in such amounts and with such terms and conditions as determined bythe Compensation Committee at the time of grant. The Company’s incentive plans and standard formsof option agreements are filed as exhibits with the Company’s Annual Report on Form 10-K.*2006 Management Incentive Plan*All of the Company’s Named Executive Officers are eligible to participate under the Company’s 2006Management Incentive Plan. Under the Management Incentive Plan, the Compensation Committee mayaward “performance units.” Each performance unit entitles the holder after the vesting of suchperformance unit to receive on the “payment date” the “fair market value” of one share of theCompany’s common stock on the payment date, subject to applicable tax withholding. The “paymentdates” are established by each participant’s performance unit agreement. “Fair market value” isgenerally defined as the average closing price of the Company’s common stock for a 30-day tradingperiod prior to the payment date, unless the Compensation Committee determines otherwise. Paymentsfor vested performance units on the payment date shall be made 40% in cash and 60% in shares ofcommon stock of the Company, except that all payments will be made in cash to the extent that thereis not sufficient authorized common stock available for issuance. The 2006 Management IncentivePlan is filed as an exhibit to the Company’s Annual Report on Form 10-K.The following table sets forth the performance unit grants made to each of the Company’s NamedExecutive Officers during 2006:     James B. McCurry, Chairman, President and ChiefExecutive Officer 295,048 performance unitsPeter Limeri, Chief Financial Officer 73,762 performance unitsBradley T. Roos, Senior Vice President- Europe 55,322 performance unitsLarry Robinson Senior Vice President – AsiaPacific, Latin America and Canada 55,322 performance unitsN. Lee White, Executive Vice President – U.S.Operations 92,203 performance units**Termination Benefits**All of the Named Executive Officers currently employed by the Company are entitled to certaintermination benefits upon termination of employment with the Company under certain circumstances.The terms of their termination benefits are specified in their employment agreements, as amended,copies of which are filed as exhibits to the Company’s Annual Report on Form 10-K.
 

 
**Other Benefits**The Named Executive Officers are also entitled to participate in the Company’s regular employeebenefit programs, including a 401(k) plan, group medical and dental coverage and other groupbenefit plans. Mr. Robinson is also entitled to additional life insurance benefits.