EXHIBIT (10)T


 


2006 NAMED EXECUTIVE
OFFICER


SALARY, STOCK OPTIONS
AND BONUS TABLE


 


NEO Table


 


The table below sets forth (i) base
salaries established for the 2006 fiscal year for the Company’s Chief Executive
Officer during 2005 and the next four most-highly compensated executive
officers who were serving in those capacities at December 31, 2005 (the “NEOs”);
(ii) stock options granted for the 2006 fiscal year for the NEOs, which
are listed in the table as 2005 grants; and (iii) bonuses paid to the NEOs
for the 2005 fiscal year. Although the reload feature was eliminated for option
grants subsequent to 2002, certain past grants provided for a one-time
automatic grant of a reload stock option if the optionee exercises the original
stock option by tendering shares of previously owned Common Stock of the
Company. The reload option (i) is for the same number of shares tendered
to exercise the original stock option and the number of shares required to be
withheld to satisfy minimum statutory tax obligations, (ii) has an
exercise price equal to the fair market value of the Company’s Common Stock on
the reload grant date, and (iii) is immediately exercisable at any time
during the remaining exercise term of the original stock option.


 


	
  Name and Principal

  	
   

  	
  Salary

  	
   

  	
  Option Grant

  	
   

  	
  Bonus

  
	
  Position

  	
   

  	
  Year

  	
   

  	
  Amount

  	
   

  	
  Year

  	
   

  	
  Initial

  	
   

  	
  Reloads

  	
   

  	
  Year

  	
   

  	
  Amount

  
	
  Douglas M. Baker, Jr.,

  	
   

  	
  2006

  	
   

  	
  $

  	
  800,000

  	
   

  	
  2005

  	
   

  	
  303,000

  	
   

  	
  23,499

  	
   

  	
  2005

  	
   

  	
  $

  	
  1,260,000

  
	
  President and Chief

  	
   

  	
  2005

  	
   

  	
  $

  	
  700,000

  	
   

  	
  2004

  	
   

  	
  314,000

  	
   

  	
  0

  	
   

  	
  2004

  	
   

  	
  $

  	
   
  850,000

  
	
  Executive Officer

  	
   

  	
  2004

  	
   

  	
  $

  	
  625,000

  	
   

  	
  2003

  	
   

  	
  220,000

  	
   

  	
  0

  	
   

  	
  2003

  	
   

  	
  $

  	
   
  400,000

  
	
  Stephen D. Newlin,

  	
   

  	
  2006

  	
   

  	
  $

  	
  500,000

  	
   

  	
  2005

  	
   

  	
  60,500

  	
   

  	
  0

  	
   

  	
  2005

  	
   

  	
  $

  	
  412,600

  
	
  President – Industrial

  	
   

  	
  2005

  	
   

  	
  $

  	
  474,250

  	
   

  	
  2004

  	
   

  	
  54,100

  	
   

  	
  0

  	
   

  	
  2004

  	
   

  	
  $

  	
  375,000

  
	
  Sector(1)

  	
   

  	
  2004

  	
   

  	
  $

  	
  457,500

  	
   

  	
  2003

  	
   

  	
  100,000

  	
   

  	
  0

  	
   

  	
  2003

  	
   

  	
  $

  	
  112,500

  
	
  Steven L. Fritze,Executive

  	
   

  	
  2006

  	
   

  	
  $

  	
  420,000

  	
   

  	
  2005

  	
   

  	
  83,200

  	
   

  	
  0

  	
   

  	
  2005

  	
   

  	
  $

  	
  325,000

  
	
  Vice President and Chief

  	
   

  	
  2005

  	
   

  	
  $

  	
  380,000

  	
   

  	
  2004

  	
   

  	
  88,200

  	
   

  	
  0

  	
   

  	
  2004

  	
   

  	
  $

  	
  371,000

  
	
  Financial Officer

  	
   

  	
  2004

  	
   

  	
  $

  	
  345,500

  	
   

  	
  2003

  	
   

  	
  100,000

  	
   

  	
  0

  	
   

  	
  2003

  	
   

  	
  $

  	
  250,000

  
	
  James A. Miller, Executive

  	
   

  	
  2006

  	
   

  	
  $

  	
  350,000

  	
   

  	
  2005

  	
   

  	
  50,400

  	
   

  	
  0

  	
   

  	
  2005

  	
   

  	
  $

  	
  270,000

  
	
  Vice President – Industrial

  	
   

  	
  2005

  	
   

  	
  $

  	
  315,000

  	
   

  	
  2004

  	
   

  	
  54,100

  	
   

  	
  0

  	
   

  	
  2004

  	
   

  	
  $

  	
  200,000

  
	
  Sector

  	
   

  	
  2004

  	
   

  	
  $

  	
  303,333

  	
   

  	
  2003

  	
   

  	
  65,000

  	
   

  	
  0

  	
   

  	
  2003

  	
   

  	
  $

  	
  102,900

  
	
  Lawrence T. Bell, Senior

  	
   

  	
  2006

  	
   

  	
  $

  	
  342,000

  	
   

  	
  2005

  	
   

  	
  50,400

  	
   

  	
  95,377

  	
   

  	
  2005

  	
   

  	
  $

  	
  254,000

  
	
  Vice President, General

  	
   

  	
  2005

  	
   

  	
  $

  	
  330,000

  	
   

  	
  2004

  	
   

  	
  54,100

  	
   

  	
  0

  	
   

  	
  2004

  	
   

  	
  $

  	
  307,500

  
	
  Counsel and Secretary

  	
   

  	
  2004

  	
   

  	
  $

  	
  315,000

  	
   

  	
  2003

  	
   

  	
  70,000

  	
   

  	
  0

  	
   

  	
  2003

  	
   

  	
  $

  	
  202,800

  



 






(1)  Mr. Newlin resigned from the
Company effective February 20, 2006.