Document:

Exhibit 10.6

EXHIBIT 10.6

Director Compensation
Summary

Meeting Fees

The Board of Directors of the Wilson Bank Holding Company (the “Company”) also serves as the
Board of Directors of Wilson Bank and Trust (the “Bank”). In 2010, each director received $2,300
per month for his services as a director of the Company. In addition, each director of the Bank
received $850 per month for his services as a director of the Bank and $450 for each committee
meeting of the Bank he attended, not to exceed $1,700 per month, as a member of the various
committees on which he serves. In addition, fees of $759 and $561 were paid to each of the
directors of the Company and the directors of the Bank, respectively, for attendance at two Company
and Bank planning retreats held during 2010. Messrs. C. Bell and Comer received $400 per month for
serving on the Advisory Board of the Smith County branches of the Bank. Messrs. Trice, J. Bell and
VanHooser received $400 per month for serving on the Advisory Board of the Dekalb County branches
of the Bank.

Directors are reimbursed for their expenses incurred in connection with their activities as
the Company’s directors.

Committee Meeting Fees

Each director of the Bank receives $450 for each committee meeting of the Bank he attended,
not to exceed $1,700 per month, as a member of the various committees on which he serves.

The foregoing information is summary in nature. Additional information regarding director
compensation will be provided in the Company’s proxy statement to be filed in connection with the
2011 annual meeting of the Company’s shareholders.

 

 

 

Named Executive Officer Compensation Summary

The following table sets forth the current base salaries paid to the Company’s
President and Chief Executive Officer and its other named executive officers. No cash
bonus was paid to these persons for 2010.

	 	 	 	 	 
	Executive Officer	 	Current Salary	 
	 
	 	 	 	 
	J. Randall Clemons, President and Chief Executive Officer of the
Company and Chief Executive Officer of the Bank
	 	$	359,258	 
	 
	 	 	 	 
	Lisa Pominski, Chief Financial Officer of the Company and the Bank
	 	$	113,752	 
	 
	 	 	 	 
	H. Elmer Richerson, President of the Bank and Executive Vice
President of the Company
	 	$	278,654	 
	 
	 	 	 	 
	Gary Whitaker, Executive Vice President of the Bank
	 	$	190,000	 
	 
	 	 	 	 
	John C. McDearman III Senior Vice President — Central Division
of the Bank
	 	$	167,681	 

The Company has entered into Executive Salary Continuation Agreements, as amended on
December 30, 2008 with certain of its senior executive officers, including Messrs. Clemons,
Richerson, Whitaker and McDearman and Ms. Pominski, pursuant to which each such executive
officer (or his or her beneficiaries) is entitled, if certain performance targets for the
Bank are met, to receive annual payments for 15 years, upon retirement at age 65 or, if
sooner, the death or disability of such executive officer.

In addition to their base salaries, these executive officers are also eligible to:

	 	•	 	Participate in the Company’s cash bonus plan;

	 
	 	•	 	Participate in the Company’s equity incentive programs, which currently
involves the award of stock options pursuant to the Company’s Stock Option Plan; and

	 
	 	•	 	Participate in the Company’s broad-based benefit programs generally available
to its employees, including health, disability and life insurance programs and the
Company’s 401(k) Plan.

The foregoing information is summary in nature. Additional information regarding the
named executive officer compensation is included in the Company’s proxy statement filed in
connection with the 2011 annual meeting of the Company’s shareholders.Exhibit 10.33

EXHIBIT 10.33

EXECUTION VERSION

INCREMENTAL ASSUMPTION AGREEMENT AND AMENDMENT No. 2 dated as of
March 11, 2011 (this “Assumption and Amendment Agreement”), among ALION
SCIENCE AND TECHNOLOGY CORPORATION (the “Borrower”), the subsidiaries of
the Borrower listed on the signature pages hereto (solely with respect to
Sections 6, 7, 9 and 10 hereof), the Lenders (as defined below) and CREDIT
SUISSE AG, CAYMAN ISLANDS BRANCH, as administrative agent (in such
capacity, the “Administrative Agent”) for the Lenders, and as issuing bank
(in such capacity, the “Issuing Bank”).

A. Reference is made to the Credit Agreement dated as of March 22, 2010, as amended by that
certain Amendment No. 1 dated as of June 11, 2010 (as so amended, the “Existing Credit Agreement”
and, as amended by this Assumption and Amendment Agreement, the “Amended and Restated Credit
Agreement”), among the Borrower, the lenders from time to time party thereto (the “Lenders”) and
the Administrative Agent.

B. The Borrower has requested that (i) the person set forth on Schedule I hereto (the
“Incremental Lender”) provide Incremental Commitments to the Borrower pursuant to Section 2.23 of
the Existing Credit Agreement in the form of new Revolving Credit Commitments in the aggregate
principal amount of $10,000,000, (ii) the Existing Credit Agreement be amended and restated in the
form of the Amended and Restated Credit Agreement attached hereto as Exhibit A to, among other
things, eliminate the distinction between Tranche A Revolving Credit Commitments and Tranche B
Revolving Credit Commitments (in each case, as defined in the Existing Credit Agreement) and
reclassify all such Tranche A Revolving Credit Commitments and Tranche B Revolving Credit
Commitments (and the related outstanding Tranche A Revolving Loans and Tranche B Revolving Loans,
in each case as defined in the Existing Credit Agreement, if any as Revolving Loans) and (iii) the
Issuing Bank agree to increase the L/C Commitment to $35,000,000.

C. (i) The Incremental Lender is willing to provide the Incremental Commitments to the
Borrower on the Restatement Effective Date (as defined below) and (ii) the Lenders and the Issuing
Bank are willing to amend and restate the Existing Credit Agreement, in each case on the terms and
subject to the conditions set forth herein and in the Amended and Restated Credit Agreement.

Accordingly, in consideration of the mutual agreements herein contained and other good and
valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties
hereto agree as follows:

SECTION 1. Defined Terms; Interpretation; Etc. Capitalized terms used and not defined herein
shall have the meanings assigned to such terms in the Amended and Restated Credit Agreement. The
rules of construction set forth in Section 1.02 of the Amended and Restated Credit Agreement shall
apply equally to this Assumption and Amendment Agreement. This Assumption and Amendment Agreement
shall be a “Loan Document” and an “Incremental Assumption Agreement” for all purposes of the
Existing Credit Agreement, the Amended and Restated Credit Agreement and the other Loan Documents.

SECTION 2. Incremental Commitments. (a) Schedule I hereto sets forth the Incremental
Commitment of the Incremental Lender on the Restatement Effective Date.

 

 

 

(b) All such Incremental
Commitments shall constitute “Incremental Commitments” and
“Revolving Credit Commitments” and the Incremental Lender shall be a Revolving Credit Lender with
respect to such Revolving Credit Commitments, in each case for all purposes of the Amended and
Restated Credit Agreement and the other Loan Documents.

(c) In order to
effectuate the increase in the Revolving Credit Commitments contemplated
hereby, each of the parties hereto hereby agrees that the Administrative Agent may take any and all
actions (including those set forth in Section 2.23 of the Credit Agreement) as may be reasonably
necessary to ensure that, after giving effect to such increase, the outstanding Revolving Loans (if
any) are held by the Revolving Credit Lenders in accordance with their new applicable Pro Rata
Percentages.

SECTION 3. Amendment
and Restatement of Existing Credit Agreement. (a) The Borrower, the
Lenders and the Issuing Bank agree that the Existing Credit Agreement (including all exhibits and
schedules thereto) shall be amended and restated on the Restatement Effective Date, such that on
the Restatement Effective Date the terms set forth in Exhibit A hereto shall replace the terms of
the Existing Credit Agreement and are incorporated by reference as if fully set forth herein. As
used in the Amended and Restated Credit Agreement, the terms “Agreement”, “this
Agreement”,
“herein”, “hereinafter”, “hereto”, “hereof”, and words of similar
import shall, unless the context
otherwise requires, mean from and after the replacement of the terms of the Existing Credit
Agreement by the terms of the Amended and Restated Credit Agreement, the Amended and Restated
Credit Agreement.

(b) Subject to
Section 2(c), from and after the Restatement Effective Date and without the
need for further action, (i) the outstanding Tranche A Revolving Loans and Tranche B Revolving
Loans, if any, under the Existing Credit Agreement shall remain outstanding as Revolving Loans
under the Amended and Restated Credit Agreement and each outstanding Tranche A Revolving Credit
Borrowing and Tranche B Revolving Credit Borrowing, if any, that commenced on the same day and that
had the same Interest Period (as defined in the Existing Credit Agreement) shall be treated as a
single Revolving Credit Borrowing under the Amended and Restated Credit Agreement, with none of the
economic terms thereof changing as a result of the amendment and restatement of the Existing Credit
Agreement, and (ii) the Swingline Exposure, if any, and L/C Exposure, if any (in each case, as
defined in the Existing Credit Agreement) shall automatically be reallocated to the Lenders in
accordance with their new Pro Rata Percentage.

SECTION 4. Conditions
Precedent to Incremental Commitments. The effectiveness of the
Incremental Commitments shall be subject to (a) the satisfaction of each of the conditions
precedent specified in Sections 4.01 and 4.02 of the Amended and Restated Credit Agreement and (b)
the payment by the Borrower of the upfront fees with respect to the Incremental Commitments as
separately agreed to with the Incremental Lender.

SECTION 5.
Representations and Warranties. To induce the other parties
hereto to enter into
this Assumption and Amendment Agreement, the Borrower represents and warrants
to the Administrative
Agent and each of the Lenders that, as of the Restatement Effective Date:

(a) This
Assumption and Amendment Agreement has been duly authorized, executed and delivered
by each Loan Party party hereto, and constitutes a legal, valid and binding obligation of such
Loan
Party in accordance with its terms. The Amended and Restated Credit
Agreement constitutes a legal, valid and binding obligation of the Borrower in accordance with
its terms.

 

2

 

(b) The representations and warranties set forth in Article III of the Amended and Restated
Credit Agreement and in each other Loan Document are true and correct in all material respects on
and as of the Restatement Effective Date with the same effect as though made on and as of the
Restatement Effective Date, except to the extent such representations and warranties expressly
relate to an earlier date (in which case such representations and warranties were true and correct
in all material respects as of such earlier date).

(c) The Borrower and each Loan Party is in compliance with all the terms and provisions set
forth in the Amended and Restated Credit Agreement and in each other Loan Document on its part to
be observed or performed, and no Default or Event of Default has occurred and is continuing.

SECTION 6. Effectiveness. This Assumption and Amendment Agreement and the Amended and
Restated Credit Agreement shall become effective as of March 11, 2011 (the “Restatement Effective
Date”) or the date that (a) the Administrative Agent shall have received counterparts of this
Assumption and Amendment Agreement that, when taken together, bear the signatures of (i) the
Borrower, (ii) each Subsidiary Guarantor, (iii) the Administrative Agent, (iv) the Lenders, (v)
the Issuing Bank and (vi) the Incremental Lender and (b) each of the conditions precedent referred
to in Section 3 hereof shall have been satisfied (or waived in writing by the Incremental Lender,
the Lenders and the Issuing Bank).

SECTION 7. Consent and Reaffirmation. Each Subsidiary Guarantor hereby consents to this
Assumption and Amendment Agreement and the transactions contemplated hereby, and each Loan Party
hereby (a) agrees that, notwithstanding the effectiveness of this Assumption and Amendment
Agreement, the Guarantee Agreement, the Security Agreement and each of the other Security Documents
continue to be in full force and effect, (b) confirms its guarantee of the Bank Obligations (with
respect to each Subsidiary Guarantor) and its grant of a security interest in its assets as
Collateral therefor, all as provided in the Loan Documents as originally executed, and (c)
acknowledges that such guarantee and/or grant continue in full force and effect in respect of, and
to secure, the Bank Obligations under the Amended and Restated Credit Agreement and the other Loan
Documents, including in respect of the Incremental Commitments and any Revolving Credit Exposure to
be incurred thereunder.

SECTION 8. Expenses. The Borrower agrees to reimburse the Administrative Agent for all
reasonable out-of-pocket expenses incurred in connection with this Assumption and Amendment
Agreement in accordance with the Existing Credit Agreement, including the reasonable fees, charges
and disbursements of counsel for the Administrative Agent.

SECTION 9. Counterparts. This Assumption and Amendment Agreement may be executed in any
number of counterparts and by different parties hereto in separate counterparts, each of which when
so executed and delivered shall be deemed an original, but all such counterparts together shall
constitute but one and the same contract. Delivery of an executed counterpart of a signature page
of this Assumption and Amendment Agreement by facsimile or other electronic transmission shall be
as effective as delivery of a manually executed counterpart hereof.

 

3

 

SECTION 10. Applicable Law. THIS ASSUMPTION AND AMENDMENT AGREEMENT SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

SECTION 11. Headings. The headings of this Assumption and Amendment Agreement are for
purposes of reference only and shall not limit or otherwise affect the meaning hereof.

[Remainder of this page intentionally left blank]

 

4

 

IN WITNESS WHEREOF, the parties hereto have caused this Assumption Agreement to be duly
executed by their respective authorized officers as of the day and year first above written.

	 	 	 	 	 
	 	ALION SCIENCE AND TECHNOLOGY CORPORATION,

 	 
	 	By  	/s/ Michael J. Alber
 	 
	 	 	Name:  	Michael J. Alber 	 
	 	 	Title:  	Senior Vice President and 

Chief Financial Officer 	 
	 
	 	ALION — BMH CORPORATION,

 	 
	 	By  	/s/ Michael J. Alber
 	 
	 	 	Name:  	Michael J. Alber 	 
	 	 	Title:  	Treasurer 	 
	 
	 	ALION — CATI CORPORATION,

 	 
	 	By  	/s/ Michael J. Alber
 	 
	 	 	Name:  	Michael J. Alber 	 
	 	 	Title:  	Treasurer 	 
	 
	 	ALION — IPS CORPORATION,

 	 
	 	By  	/s/ Michael J. Alber
 	 
	 	 	Name:  	Michael J. Alber 	 
	 	 	Title:  	Treasurer 	 
	 
	 	ALION — JJMA CORPORATION,

 	 
	 	By  	/s/ Michael J. Alber
 	 
	 	 	Name:  	Michael J. Alber 	 
	 	 	Title:  	Treasurer 	 
	 
	 	ALION — MA&D CORPORATION,

 	 
	 	By  	/s/ Michael J. Alber
 	 
	 	 	Name:  	Michael J. Alber 	 
	 	 	Title:  	Treasurer 	 

[Alion Incremental Revolving Credit Assumption and Amendment Agreement]

 

 

 

	 	 	 	 	 
	 	ALION — METI CORPORATION,

 	 
	 	By  	/s/ Michael J. Alber
 	 
	 	 	Name:  	Michael J. Alber 	 
	 	 	Title:  	Treasurer 	 
	 
	 	WASHINGTON CONSULTING, INC.,

 	 
	 	By  	/s/ Michael J. Alber
 	 
	 	 	Name:  	Michael J. Alber 	 
	 	 	Title:  	Treasurer 	 
	 
	 	WASHINGTON CONSULTING GOVERNMENT

SERVICES, INC.,

 	 
	 	By  	/s/ Joshua J. Izenberg
 	 
	 	 	Name:  	Joshua J. Izenberg 	 
	 	 	Title:  	Secretary 	 
	 
	 	ALION CANADA (US) CORPORATION,

 	 
	 	By  	/s/ Joshua J. Izenberg
 	 
	 	 	Name:  	Joshua J. Izenberg 	 
	 	 	Title:  	Secretary 	 

[Alion Incremental Revolving Credit Assumption and Amendment Agreement]

 

 

 

	 	 	 	 	 
	 	CREDIT SUISSE AG, CAYMAN ISLANDS 

BRANCH, as a Lender, an Incremental Lender, the

Issuing Bank and as Administrative Agent,

 	 
	 	By  	/s/ Robert Hetu
 	 
	 	 	Name:  	ROBERT HETU 	 
	 	 	Title:  	MANAGING DIRECTOR 	 
	 	 	 
	 	By  	      /s/ Kevin Buddhdew
 	 
	 	 	Name:  	KEVIN BUDDHDEW 	 
	 	 	Title:  	ASSOCIATE 	 

[Alion Incremental Revolving Credit Assumption and Amendment Agreement]

 

 

 

	 	 	 	 	 
	 	GOLDEN GATE CAPITAL, as a Lender,

 	 
	 	By  	/s/ Rob Stobo
 	 
	 	 	Name:  	Rob Stobo 	 
	 	 	Title:  	Manager 	 

[Alion Incremental Revolving Credit Assumption and Amendment Agreement]

 

 

 

Schedule 1

Incremental Lender

	 	 	 	 	 
	 	 	Incremental	 
	Incremental Lender	 	Commitment Amount	 
	Credit Suisse AG, Cayman Islands Branch
	 	$	10,000,000	 
	 	 	 	 
	TOTAL COMMITMENTS
	 	$	10,000,000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}]]