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Exhibit 10.18
Named Executive Officer Salary
and Bonus Arrangements
Set forth below is a description of certain
compensation arrangements for the following officers of Imperial
Capital Bancorp, Inc. (the “Company”) and Imperial
Capital Bank, referred to below as the “named executive
officers”: George W. Haligowski, Chairman of the Board,
President and Chief Executive Officer; Timothy M. Doyle, Executive
Managing Director and Chief Financial Officer; Lyle C. Lodwick,
Executive Managing Director and Chief Operating Officer; and
Phillip E. Lombardi, Executive Managing Director and Chief Credit
Officer.
Base
Salaries
The following table sets forth the current base
salaries for the named executive officers:
|
Name
|
|
Base Salary
|
|
|
George W.
Haligowski
|
|
$
|
590,000
|
|
|
Timothy M.
Doyle
|
|
|
259,875
|
|
|
Lyle C.
Lodwick
|
|
|
247,200
|
|
|
Phillip E.
Lombardi
|
|
|
205,000
|
|
Bonuses
The named executive officers may receive cash
bonuses at the discretion of the Compensation
Committee. No bonuses were awarded to the named
executives for 2008.
Corporate
Vehicle Program
The Company maintains a corporate vehicle
program for officers at or above the level of First Vice
Pre
|
