EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

Summary Compensation Table

                                         
    Annual Compensation        
                            Long Term    
                            Compensation    
                            Securities    
                            Underlying Options   All Other:
                            (#)/Non-vested   (401-(k)
Name and Principal Position   Year   Salary($)   Bonus($)(1)   Shares ($)   Contribution)($)(2)
Steven D. Fredrickson
     2005       245,000       750,000       0/0       8,400  
President, Chief Executive
     2004       225,000       625,000       0/0       8,200  
Officer and Chairman of the Board
     2003       197,600       425,000       0/0       8,000  
Kevin P. Stevenson
     2005       165,000       500,000       0/0       8,400  
Executive Vice President, Chief Administrative &
     2004       150,000       420,000       0/0       8,200  
Financial Officer, Treasurer and
     2003       132,500       290,000       0/0       8,000  
Assistant Secretary
                                        
Craig A. Grube
     2005       165,000       500,000       0/0       8,400  
Executive Vice President-
     2004       150,000       420,000       0/0       8,200  
Acquisitions
     2003       132,500       290,000       0/0       8,000  
Michael J. Petit (3)(4)
     2005       137,298       325,000       0/84,520       8,400  
Senior Vice President,
     2004       127,308       185,000       0/25,660       4,262  
Specialty Acquisitions
     2003       103,236       150,000       50,000/290,197       0  
William F. O’Daire (3)
     2005       110,000       200,000       0/84,520       8,169  
Senior Vice President, Operations
     2004       100,000       200,000       0/25,660       6,692  
 
     2003       90,000       160,000       0/0       6,538  
Judith S. Scott
     2005       110,000       175,000       0/73,955       8,400  
Executive Vice President, General
     2004       100,000       150,000       0/25,660       5,202  
Counsel and Secretary
     2003       90,000       100,000       0/0       2,984  

  (1)   This table reflects for a given year all bonuses earned by the above officers for such years. The Company typically pays bonuses in the year following the year in which the bonus was earned.

  (2)   These amounts represent company matching contributions to the recipient’s 401(k) plan up to limits for such plans under IRS rules, and related matching deferred incentive compensation credits related to certain pay in excess of amounts eligible for matching under the 401(k) plan.

  (3)   Although Mr. Petit and Mr. O’Daire are not Named Executive Officers of the Company, their compensation details are included in this table due to their level of compensation.

  (4)   Compensation in 2003 includes $50,000 paid as a sign-on bonus and $5,640 as qualified moving expenses paid for by the Company.