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Escalade, Incorporated Schedule of Executive Officer Compensation

Executive Compensation Plan Agreement

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Escalade, Incorporated

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Title: Escalade, Incorporated Schedule of Executive Officer Compensation
Date: 3/27/2009
Industry: Recreational Products     Sector: Consumer Cyclical

Escalade, Incorporated Schedule of Executive Officer Compensation, Parties: escalade  incorporated
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Exhibit 10.39

Escalade, Incorporated
Schedule of Executive Officer Compensation

Compensation for the executive officers of Escalade, Incorporated consists of a base salary, bonuses and long-term incentives in the form of stock option grants or restricted stock unit grants.

Base Salary

In general, base salaries are set at the beginning of each year based upon the Company’s income level generated in the prior year, any changes in the level of responsibility and the subjective individual performance review conducted by the Company’s Compensation Committee. The 2009 base salaries for the Companies executive officers are as follows:

 

 

 

 

 

Name

Position

Annual Base Salary

 

 

 

 

 

Robert Griffin (a)

Chairman of the Board

$  50,580

 

Robert J. Keller (a)

President and Chief Executive Officer

$ 270,000

 

Deborah J. Meinert (b)

VP Finance, CFO

$ 132,000

(a) Messrs Griffin and Keller were entitled to receive $56,200 and $300,000 respectively but have voluntarily agreed to a 10% reduction in each of these amounts.

(b) Ms. Meinert replaced Terry Frandsen, who resigned as VP Finance and CFO of Escalade, Inc. on January 30, 2


 
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