Document:

Exhibit 10.57

 

Abbott Laboratories

 

Description of Base Salary of Named Executive Officers

 

Set forth below are the base salaries, effective December 31, 2010 and March 1, 2011, of the chief executive officer, chief financial officer, Laura J. Schumacher, and James V. Mazzo, all of whom were named executive officers in 2010.

 

Miles D. White

Chairman of the Board and Chief Executive Officer

 

	
 
    	
 
    	
Base Salary
    	
 
    
	
December 31,   2010
    	
 
    	
$
    	
1,900,000
    	
 
    
	
March 1,   2011
    	
 
    	
$
    	
1,900,000
    	
 
    

 

Thomas C. Freyman

Executive Vice President, Finance and

Chief Financial Officer

 

	
 
    	
 
    	
Base Salary
    	
 
    
	
December 31,   2010
    	
 
    	
$
    	
946,700
    	
 
    
	
March 1,   2011
    	
 
    	
$
    	
946,700
    	
 
    

 

Laura J. Schumacher

Executive Vice President,

General Counsel and Secretary

 

	
 
    	
 
    	
Base Salary
    	
 
    
	
December 31,   2010
    	
 
    	
$
    	
827,500
    	
 
    
	
March 1,   2011
    	
 
    	
$
    	
827,500
    	
 
    

 

James V. Mazzo

Senior Vice President,

Abbott Medical Optics

 

	
 
    	
 
    	
Base Salary
    	
 
    
	
December 31,   2010
    	
 
    	
$
    	
798,300
    	
 
    
	
March 1,   2011
    	
 
    	
$
    	
798,300Exhibit 10.mm

 

DPL INC.

PARTICIPATION AGREEMENT

 

This PARTICIPATION AGREEMENT (“Agreement”) is entered into this 3rd day of February 2011 (the “Effective Date”) among DPL Inc., an Ohio corporation (“DPL”), The Dayton Power and Light Company, an Ohio corporation (“DP&L”) (collectively, the “Company”), and Craig L. Jackson (“Executive”).

 

WHEREAS, DPL has an executive compensation program (the “Program”), generally effective as of January 1, 2006;

 

WHEREAS, the Program provides benefits pursuant to the following plans which have been approved by the Compensation Committee of the Board of Directors of DPL (the “Committee”) and adopted by the Board of Directors of DPL (the “Board”): the DPL Inc. Severance Pay and Change of Control Plan, the DPL Inc. Supplemental Executive Defined Contribution Retirement Plan, the DPL Inc. 2006 Equity and Performance Incentive Plan, the DPL Inc. Executive Incentive Compensation Plan (the “EICP”), the DPL Inc. 2006 Deferred Compensation Plan for Executives and the DPL Inc. Pension Restoration Plan (collectively, the “Plans”);

 

WHEREAS, Executive’s participation in the Plans and eligibility for the benefits provided thereunder requires execution of this Agreement; and

 

WHEREAS, DPL desires to provide Executive benefits in addition to those provided by the Program, as described herein.

 

NOW THEREFORE, in consideration of the promises and agreements contained herein and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, and intending to be legally bound, Executive agrees as follows:

 

1.             Effective Date.  This Agreement is effective on the Effective Date and will continue in effect as provided herein.

 

2.             Participation in the Plans.  DPL confirms that Executive has been designated by the Committee and the Board to participate in each of the Plans pursuant to the terms thereof, contingent on his execution of this Agreement.  The Company and the Executive agree that, in light of the Board’s modification of excise tax eligibility under the Severance and Change of Control Plan, the Executive will not be eligible to receive any excise tax gross-ups under the Severance and Change of Control Plan.  The Executive is eligible to receive additional benefits as such are provided to other similarly situated employees of the Company from time to time.

 

3.             Perquisite Allowance.  By executing this Agreement, Executive shall be entitled to receive a perquisite allowance in the amount of $20,000 per year (the “Perquisite Allowance”), for each year that (a) Executive remains designated by the Committee as eligible to receive the Perquisite Allowance and (b) DPL continues to make the Perquisite Allowance available to executive-level employees of the Company.  Executive has been designated by the Committee as eligible to receive the Perquisite Allowance for years after 2010.  The Perquisite Allowance for years after 2010 shall be paid to Executive as soon as practicable after the Committee designates Executive as eligible to receive the Perquisite Allowance for that year.  The Perquisite Allowance will not be deemed “compensation,” as that term is defined under any of the Plans, nor under any other plan, practice, program or policy of the Company or any of its affiliates, as in effect from time to time.

 

 

4.             Non-Solicitation.  As a condition to his eligibility to participate in the Program, Executive hereby agrees that during his employment and for a period of two years following his termination of employment with the Company, Executive will not (a) solicit for employment with himself or any firm or entity with which he is associated, any employee of the Company, its subsidiaries or affiliates, or otherwise disrupt, impair, damage or interfere with the Company’s, its subsidiaries’ or affiliates’ relationships with their employees or (b) solicit for Executive’s own behalf or on behalf of any other person(s), any retail customer of the Company, its subsidiaries or affiliates, that has purchased products or services from the Company, its subsidiaries or affiliates, at any time (i) with respect to solicitation during employment, during the Executive’s employment or (ii) with respect to solicitation after termination of employment, in the twelve months preceding the date on which Executive’s employment with the Company, its subsidiaries or affiliates is terminated or that the Company, its subsidiaries or affiliates are actively soliciting or have known plans to solicit, for the purpose of marketing or distributing any product, pricing or service competitive with any product, pricing or service then offered by the Company, its subsidiaries or affiliates or which the Company, its subsidiaries or affiliates have known plans to offer.

 

[Signatures on the Following Page]

 

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first written above.

 

 

	
 
    	
DPL INC. and
    
	
 
    	
THE DAYTON POWER AND LIGHT COMPANY
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Paul M. Barbas
    
	
 
    	
 
    	
Paul M. Barbas
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Craig L. Jackson
    
	
 
    	
 
    	
Craig L. JacksonExhibit 10.19

 

Executive Officer Compensation

 

The annual base salaries for our executive officers as of January 1, 2011 are as follows:

 

	
Name
    	
 
    	
Title
    	
 
    	
Annual Base
   Salary
    	
 
    
	
George A. Lopez, M.D. 
    	
 
    	
Chairman   of the Board, President and Chief Executive Officer
    	
 
    	
$
    	
670,000
    	
 
    
	
Alison D. Burcar 
    	
 
    	
Vice   President of Product Development
    	
 
    	
$
    	
225,000
    	
 
    
	
Richard A. Costello 
    	
 
    	
Vice   President of Sales
    	
 
    	
$
    	
336,000
    	
 
    
	
Scott E. Lamb 
    	
 
    	
Chief   Financial Officer
    	
 
    	
$
    	
361,600
    	
 
    
	
Steven C. Riggs 
    	
 
    	
Vice   President of Operations
    	
 
    	
$
    	
330,000
    	
 
    

 

2010 Discretionary Bonuses:

 

In July 2010, the Compensation Committee of the Board of Directors approved payment of discretionary bonuses to the above named officers for the first half of 2010, and in January 2011, the Compensation Committee approved discretionary bonuses to each of the above named officers for the second half of 2010.  The amount of the bonuses for the first half of 2010 were previously reported in the Current Report on Form 8-K filed with the SEC on July 20, 2010, and the amount of the bonuses for the second half of 2010 were previously reported in the Current Report on Form 8-K filed with the SEC on February 2, 2011, each of which reports are incorporated herein by reference.Exhibit 10.20

 

Non-Employee Director Compensation

 

We currently pay our non-employee directors an annual retainer of $35,000, plus $1,000 per day for attendance at meetings of the Board of Directors or $500 if the meeting is telephonic.  Pay for attendance at meetings of Committees of the Board of Directors is $750 per day or $375 if the meeting is telephonic.  Each Chairperson of a Committee of the Board of Directors also receives an annual retainer.  The annual retainer for the Audit Committee Chairperson, the Compensation Committee Chairperson and the Nominating Governance Committee Chairperson is $18,500, $7,500 and $5,000, respectively.

 

Our non-employee directors receive an option to purchase 1,500 shares of our common stock quarterly on the date that is two days after the public announcement of our earnings for the immediately preceding quarter.  Such options become exercisable one year after the grant date and expire ten years after the grant date.EXHIBIT 10.27

 

ICU Medical, Inc. (the “Company”) has entered into an agreement with each of the following persons, which is substantially identical to the Form of Executive Officer Retention Agreement filed as Exhibit 10.25 to this Annual Report on Form 10-K.

 

Alison D. Burcar

Richard A. Costello

Scott E. Lamb

Steven C. RiggsExhibit 10.1

 

FIRST AMENDMENT TO

HELEN OF TROY

1997 CASH BONUS PERFORMANCE PLAN

 

This First Amendment (this “Amendment”) to the Helen of Troy 1997 Cash Bonus Performance Plan (the “Plan”) is approved by the Compensation Committee of the Board of Directors of Helen of Troy Limited on this 14th day of February 2011 and is effective as of the same date.

 

Article I

DEFINITIONS

 

All capitalized terms not defined herein shall have the meaning assigned to them in the Plan.

 

Article II

AMENDMENTS

 

Section 4.2.  The following sentence is hereby added immediately following the last sentence of Section 4.2 of the Plan:

 

“Notwithstanding the foregoing, (a) with respect to the Performance Period for the Year ending February 28, 2011, for the purpose of computing the Bonus payable to the CEO under the provisions hereof, ECO to the extent attributed to Kaz Inc. and its Subsidiaries for such Performance Period shall be reduced by the lesser of $1,666,667 or an amount equal to the ECO of Kaz Inc. and its Subsidiaries for the period beginning January 1, 2011 through and including February 28, 2011 and (b) beginning with the Performance Period for the Year ending February 29, 2012 and for each Performance Period thereafter, ECO for such Performance Period shall be reduced by $10 million for the purpose of computing the Bonus payable to the CEO under the provisions hereof.”

 

Article III

GENERAL

 

Except as expressly set forth herein, this Amendment shall not by implication or otherwise alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Plan, all of which are ratified and affirmed in all respects and shall continue in full force and effect.

 

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