Document:

Description of Executive Officer cash compensation for 2012

 EXHIBIT 10.5 
 Hub Group, Inc. 
 Description of Executive Officer Cash Compensation

 For 2012 

Annual Cash Compensation 
 Base
Salary 
 Set forth below are the 2012 base salaries of the Chief Executive Officer and each of the four most highly
compensated executive officers in 2011. The Company considers various factors in assigning executive officers to specific salary ranges, including job content, level of responsibility, accountability, and the competitive compensation market. On an
annual basis, all executive officers’ salaries are reviewed and adjusted to reflect individual performance and position within their respective ranges. 
 Bonus Plan 
 Executive officers are eligible for annual performance-based
awards under the Company’s bonus plan, as are all salaried employees. For 2011, goals were weighted upon achievement of targeted levels of earnings per share and, for some executives, upon achievement of personal goals. The goals for 2012 will
also be similarly weighted. 
 Restricted Stock 
 The Company makes periodic grants of restricted stock to executive officers. The grants of restricted stock made in early 2012 vest in equal installments over a five year period beginning a year from the
grant date. 
 David P. Yeager 

Chairman and Chief Executive Officer 
  

					
	 	  	Base	 
	 2012
	  	$	625,000	  

 Mark A. Yeager 
 Vice Chairman, President and Chief Operating Officer 
  

					
	 	  	Base	 
	 2012
	  	$	500,000	  

 Terri A. Pizzuto 
 Executive Vice President, Chief Financial Officer and Treasurer 
  

					
	 	  	Base	 
	 2012
	  	$	335,000	  

 James J. Damman 
 President – Mode Transportation 
  

					
	 	  	Base	 
	 2012
	  	$	351,000	  

 Donald G. Maltby 
 Chief Supply Chain Officer 
  

					
	 	  	Base	 
	 2012
	  	$	325,000Director compensation for 2012

 EXHIBIT 10.6 
 Hub Group, Inc. 
 Directors’ Compensation For 2012 

Directors’ Compensation 
 Each non-employee director receives an annual retainer fee of $75,000 in 2012, paid in quarterly installments. In addition, expenses are paid for attendance at each Committee meeting. Directors who are
also officers or employees of the Company receive no compensation for duties performed as a director. 
 Stock Plan 

The Company makes periodic grants of restricted stock to the directors. In connection with their 2012 compensation package, each
independent director received 5,000 shares of restricted stock in January 2012. These shares vest over three years.Consulting Agreement - Daniel Promislo

 Exhibit 10.30 
 CONSULTING AGREEMENT 
 THIS CONSULTING AGREEMENT (the
“Agreement”) is made as of the 15th day of December, 2011 (the “Effective Date”) by and between Daniel Promislo (“Mr. Promislo”), and RAIT Financial Trust, a Maryland real estate investment trust
(“RAIT”). 
 WHEREAS, Mr. Promislo is retiring from the Board of Trustees of RAIT (the
“Board”) and as the Chairman of the Compensation Committee of the Board (the “Compensation Committee”), effective as of the date hereof, after having served as a Trustee of RAIT since its founding in August 1997;
and 
 WHEREAS, RAIT desires to secure the services of Mr. Promislo after his retirement, and will designate
Mr. Promislo as a “Trustee Emeritus” in recognition of his personal, in-depth knowledge of RAIT's history and business, and the unusually valuable contributions he has made to the Company since its inception. 

WHEREAS, Mr. Promislo desires to perform such services for RAIT as are indicated below beginning on the Effective Date upon the
terms and conditions hereinafter set forth; 
 NOW, THEREFORE, in consideration of the mutual covenants and obligations
contained herein, and intending to be legally bound, the parties, subject to the terms and conditions set forth herein, agree as follows: 
 1. Term. RAIT hereby engages Mr. Promislo and Mr. Promislo hereby accepts engagement by RAIT under this Agreement for a term beginning on the Effective Date and continuing until the first
anniversary of the Effective Date and shall be effective for successive one-year periods in accordance with the terms of this Agreement unless either party notifies the other party of non-renewal in writing prior to 60 days before the expiration of
each renewal. Such notice may be sent by any reasonable means to, in RAIT’s case, its chief executive officer at its executive office set forth in its public filings with the Securities and Exchange Commission or, in Mr. Promislo’s
case, to his latest address in RAIT’s personnel files. The period commencing on the Effective Date and ending on the date on which the term of Mr. Promislo’s engagement under this Agreement shall terminate is hereinafter referred to
as the “Term.” 
 2. Title, Duties and Responsibilities. Mr. Promislo shall hold the title and
position of “Trustee Emeritus.” In this capacity, Mr. Promislo shall serve as an advisor to the Board, to the Compensation Committee and to RAIT’s management, and shall perform the duties as may be reasonably assigned to him by
the Chairman of the Board, the Chairman of the Compensation Committee and/or by the Chief Executive Officer of RAIT (the “CEO”) and other management. Mr. Promislo may attend meetings of the Board and the Compensation Committee,
and may participate in the discussions that occur during the portions of such meetings which he attends. Notice of such meetings to Mr. Promislo shall not be required. Mr. Promislo shall not be entitled to vote on any business coming
before the Board or the Compensation Committee, nor shall Mr. Promislo be counted as a member of the Board or the Compensation Committee for the purpose of determining the number of Trustees necessary to constitute a quorum, for the purpose of
determining whether a quorum is present, or for any other purpose whatsoever. 
 3. Other Activities. This Agreement is
not exclusive. During the Term, Mr. Promislo may engage in other business, charitable, civic and academic activities without the consent of RAIT, provided that Mr. Promislo will comply at all times with the provisions of RAIT’s Code
of Business Conduct and Ethics. This Agreement shall not limit any charitable or civic activities, personal investments or other similar activities as do not interfere with his performance of his responsibilities and obligations pursuant to this
Agreement. 
 4. Consulting Fee. 
 (a) RAIT shall pay Mr. Promislo and Mr. Promislo hereby agrees to accept, as compensation for all services rendered hereunder, a consulting fee equal to $110,000 for each twelve (12) month
period during the Term. The consulting fee shall be inclusive of all applicable taxes, whether or not required to be withheld by RAIT. The consulting fee shall be paid on a pro rata quarterly basis, or at such other intervals as agreed upon by RAIT
and Mr. Promislo. 

 (b) In accordance with Section 8 below, Mr. Promislo is serving in
the capacity of an independent contractor, and shall not be treated as an employee for any purposes, such as for purposes of RAIT’s employee compensation and benefit plans, or for RAIT’s tax withholding and payment obligations, except as
RAIT may determine to be legally required. Specifically, Mr. Promislo is not eligible to participate in or receive any benefit or right as a RAIT employee under any RAIT employee retirement or other benefit plan, and will not covered by
workers’ compensation in connection with Mr. Promislo’s services to RAIT. 
 5. Reimbursement of Expenses.
Mr. Promislo shall be provided with reimbursement of reasonable expenses incurred in connection with Mr. Promislo’s service to RAIT in accordance with RAIT’s expense reimbursement policy for Trustees as such policy may be
modified by RAIT from time to time. 
 6. Compliance With RAIT’s Code of Business Conduct and Ethics.
Mr. Promislo agrees to comply with RAIT’s Code of Business Conduct and Ethics as it may be modified by RAIT from time to time. 
 7. Indemnification. RAIT shall: (a) indemnify Mr. Promislo to the full extent permitted under applicable law, under Mr. Promislo’s Indemnification Agreement with RAIT and under
RAIT’s Declaration of Trust and Bylaws, on the same basis as he would have been indemnified as a Trustee of RAIT, for, from and against any and all losses, claims, costs, expenses, damages, liabilities or actions (including security holder
actions in respect thereof) relating to or arising out of Mr. Promislo’s relationship with and service to RAIT; and (b) pay all reasonable costs, expenses and attorney’s fees incurred by Mr. Promislo in connection with or
relating to the defense of any such loss, claim, cost, expense, damage liability or action. During Mr. Promislo’s relationship with and service to RAIT and after the termination of this Agreement, RAIT shall maintain Trustee and Officer
liability insurance policies on Mr. Promislo’s behalf on the same basis as though Mr. Promislo were a member of the Board through the date of termination of this Agreement. 

8. Independent Contractor. Mr. Promislo shall render services hereunder in the capacity of independent contractor, not as an
employee of RAIT. Mr. Promislo is not to be considered nor will Mr. Promislo hold himself out or lead others to believe that he is a Trustee, officer, or employee of RAIT. Mr. Promislo will pay, if and as required, any Social Security
taxes, unemployment insurance, and federal, state, and local taxes incurred in the performance of the terms of this Agreement. RAIT will have no withholding responsibility for any of such taxes. 

9. Governing Law. This Agreement shall be governed by and interpreted under the laws of the Commonwealth of Pennsylvania, without
giving effect to any conflict of laws provisions. 
 10. Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original, and all of which together shall be deemed to be one and the same instrument. 

  
 2 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the day and
year first written above. 
  

			
	RAIT FINANCIAL TRUST
		
	By:	 	/s/ Scott F. Schaeffer
	Name:	 	Scott F. Schaeffer
	Title:	 	Chairman, Chief Executive Officer & President
	
	DANIEL PROMISLO
	
	/s/ Daniel Promislo
		 	

  
 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00199-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00199-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00199-of-00352.parquet"}]]