Herold Marketing Associates, Inc. - Page 13




                                        - 13 -                                         

                                         1991                                          
          Total                                                                        
          Employee         Position              Bonus  Compensation                   
          Stephan Herold      President/CEO        $100,000    $692,500                
          Dana Frederickson   Account executive       5,000     190,251                
          Greg Appelhoff      Account executive      25,000     186,996                
          Greg Harris         Vice president &                                         
          account executive     12,500      97,703                                     
          Wayne Williams      Account executive       2,000      68,360                
                                         1992                                          
          Total                                                                        
          Employee         Position              Bonus  Compensation                   
          Stephan Herold      President/CEO        $600,000  $1,200,000                
          Dana Frederickson   Account executive      - 0 -      221,035                
          Greg Appelhoff      Account executive      20,000     182,710                
          Jeff Fetzer         Account executive      - 0 -      105,674                
          Greg Harris         Vice president &                                         
          account executive     - 0 -       78,347                                     
                                         1993                                          
          Total                                                                        
          Employee           Position              Bonus   Compensation                
          Stephan Herold      President/CEO        $600,000  $1,200,000                
          Greg Appelhoff      Vice president &                                         
          account executive    50,000     254,200                                      
          Chris Schmidt       Account executive       2,000      92,303                
          Bruce Senst         Controller             10,000      89,583                
          Curtis Ocepak       Account executive       4,000      85,220                
               The total compensation of petitioner's four most highly                 
          compensated employees, other than Herold, for each of the years              
          1989 through 1993 as a percentage of Herold's compensation was as            
          follows:                                                                     
          Next Four Most                                                               
          Highly Compensated Employees                                                 
          Herold's             Total      As % of Herold's                             
          Year       Compensation        Compensation    Compensation                  
          1989         $637,000            $379,460         59.57                      
          1990          797,500             452,089         56.69                      
          1991          692,500             543,310         78.46                      
          1992        1,200,000             587,766         48.98                      
          1993        1,200,000             521,306         43.44                      

Page:  Previous  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  Next

Last modified: May 25, 2011