ex10_10.htm


    
      

    

    Exhibit
10.10

     

    
      
        	
                In
      re

              	
                CHARYS HOLDING COMPANY, INC

              	 
      	
                Case
      No.     

              	
                08-10289 (BLS)

              	 
      
	 
      	
                Debtor

              	 
      	
                Reporting Period:    
      

              	
                May 1 through 31

              	 
      


      

      
        


      

      
        PAYMENTS
TO INSIDERS AND PROFESSIONALS

      

      
        


      

      
        Of
the total disbursements shown on the Cash Receipts and Disbursements Report
(MOR-1) list the amount paid to insiders (as defined in Section 101(31) (A)-(F)
of the U.S. Bankruptcy Code) and to professionals. For payments to insiders,
identify the type of compensation paid (e.g. Salary, Bonus, Commissions,
Insurance, Housing Allowance, Travel, Car Allowance, Etc.). Attach additional
sheets if necessary.

      

      


      
        	
                
                  INSIDERS

                

              	 
	
                
                  NAME

                

              	 	
                
                  TYPE
      OF PAYMENT

                

              	 	
                
                  AMOUNT
      PAID

                

              	 	 	
                
                  TOTAL
      PAID TO DATE

                

              	 
	
                
                  Billy
      V Ray, Jr

                

              	 	
                
                  Gross
      Payroll

                

              	 	$	25,000	 	 	$	87,500	 
	
                
                  Billy
      V Ray, Jr

                

              	 	
                
                  Car
      Allowance

                

              	 	 	500	 	 	 	2,000	 
	
                
                  Gable
      Apartments (for B Ray Jr)

                

              	 	
                
                  Apartment
      Rental

                

              	 	 	-	 	 	 	2,148	 
	
                
                  Billy
      V Ray, Jr

                

              	 	
                
                  TOTAL

                

              	 	 	 	 	 	 	91,648	 
	 
      	 	 
      	 	 	 	 	 	 	 	 
	
                
                  Michael
      Oyster

                

              	 	
                
                  Gross
      Payroll

                

              	 	 	20,833	 	 	 	72,917	 
	
                
                  Michael
      Oyster

                

              	 	
                
                  Car
      Allowance

                

              	 	 	500	 	 	 	2,000	 
	
                
                  Michael
      Oyster

                

              	 	
                
                  Travel

                

              	 	 	10,481	 	 	 	4,808	 
	
                
                  Michael
      Oyster

                

              	 	
                
                  Reimburse:
      ordinary business expenses

                

              	 	 	800	 	 	 	800	 
	
                
                  Michael
      Oyster

                

              	 	
                
                  TOTAL

                

              	 	 	 	 	 	 	80,525	 
	 
      	 	 
      	 	 	 	 	 	 	 	 
	
                
                  Raymond
      Smith

                

              	 	
                
                  Gross
      Payroll

                

              	 	 	20,833	 	 	 	72,916	 
	
                
                  Raymond
      Smith

                

              	 	
                
                  Car
      Allowance

                

              	 	 	500	 	 	 	2,000	 
	
                
                  Raymond
      Smith

                

              	 	
                
                  Reimburse:
      ordinary business expenses

                

              	 	 	190	 	 	 	8,334	 
	
                
                  Raymond
      Smith

                

              	 	
                
                  Travel

                

              	 	 	262	 	 	 	1,333	 
	
                
                  Raymond
      Smith

                

              	 	
                
                  TOTAL

                

              	 	 	 	 	 	 	84,583	 
	 
      	 	 
      	 	 	 	 	 	 	 	 
	
                
                  Michael
      Brown

                

              	 	
                
                  Gross
      Payroll

                

              	 	 	 	 	 	 	52,083	 
	 
      	 	 
      	 	 	 	 	 	 	 	 
	
                
                  Alec
      McLarty

                

              	 	
                
                  Lead
      Director Fees & Expenses

                

              	 	 	21,874	 	 	 	51,874	 
	
                
                  David
      Gergacz

                

              	 	
                
                  Director
      Fees & Expenses

                

              	 	 	11,108	 	 	 	18,670	 
	
                
                  Dennis
      Hayes

                

              	 	
                
                  Director
      Fees & Expenses

                

              	 	 	7,703	 	 	 	12,919	 
	
                
                  John
      Jordan

                

              	 	
                
                  Director
      Fees & Expenses

                

              	 	 	11,169	 	 	 	19,062	 
	 
      	 	 
      	 	 	 	 	 	 	 	 
	
                
                  David
      Ray

                

              	 	
                
                  Gross
      Payroll

                

              	 	 	-	 	 	 	13,961	 
	
                
                  Brandon
      Ray

                

              	 	
                
                  Gross
      Payroll

                

              	 	 	-	 	 	 	11,250	 
	 
      	 	 
      	 	 	 	 	 	 	 	 
	
                
                  Ayin
      Tower Management

                

              	 	
                
                  Affiliate
      Transfer Out

                

              	 	 	-	 	 	 	20,300	 
	 
      	 	 
      	 	 	 	 	 	 	 	 
	 
      	 	
                
                  TOTAL
      PAYMENTS TO INSIDERS

                

              	 	$	131,753	 	 	$	456,875	 


      

       

       

      
        	
                
                  BANKRUPTCY
      PROFESSIONALS

                

              	 
	
                
                  NAME

                

              	 	
                
                  DATE
      OF COURT ORDER AUTHORIZING EMPLOYMENT

                

              	 	
                
                  AMOUNT
      APPROVED

                

              	 	 	
                
                  AMOUNT
      PAID

                

              	 	 	
                
                  TOTAL
      PAID TO DATE

                

              	 	 	
                
                  TOTAL
      INCURRED & UNPAID*

                

              	 
	
                
                  Weil,
      Gotshal & Manges LLP

                

              	 	
                
                  3/7/2008

                

              	 	 	n/a	 	 	$	-	 	 	$	-	 	 	$	864,612	 
	
                
                  Richards,
      Layton & Finger , P.A.

                

              	 	
                
                  3/7/2008

                

              	 	 	n/a	 	 	 	-	 	 	 	-	 	 	 	68,459	 
	
                
                  Milbank,
      Tweed, Hadley & McCloy

                

              	 	
                
                  4/14/2008

                

              	 	 	n/a	 	 	 	-	 	 	 	-	 	 	 	704,186	 
	
                
                  Morris,
      Nichols, Arsht, & Tunnell L

                

              	 	
                
                  Pending

                

              	 	 	n/a	 	 	 	-	 	 	 	-	 	 	 	39,185	 
	
                
                  Michael
      Brenner

                

              	 	
                
                  3/7/2008

                

              	 	$	42,868	 	 	 	17,868	 	 	 	17,868	 	 	 	31,569	 
	
                
                  AlixPartners,
      LLP

                

              	 	
                
                  3/7/2008

                

              	 	 	n/a	 	 	 	-	 	 	 	-	 	 	 	1,137,598	 
	 
      	 	 
      	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                
                  Kurtzman
      Carson Consultants

                

              	 	
                
                  2/15/2008

                

              	 	 	n/a	 	 	 	-	 	 	 	-	 	 	 	29,000	 
	 
      	 	 
      	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                
                  Total
      Payments to Bankruptcy Professionals

                

              	 	n/a	 	 	$	17,868	 	 	$	17,868	 	 	$	2,874,609