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The Summary Compensation Table below presents information concerning the total compensation of our Named
Executive Officers for the fiscal years ended January 31, 2010, 2009 and 2008. Mr. Hawkins, Mr. Bhatt and Mr. Kross
were not Named Executive Officers prior to fiscal 2010; therefore, their compensation information is only presented
for fiscal 2010.
Name and
Principal Position
Fiscal
Year
Salary
($)
Bonus
($)
Stock
Awards
($)
Option
Awards
($) (e)
Equity
Incentive Plan
Compensation
($) (f)
Non-Equity
Incentive Plan
Compensation
($)
All Other
Compensation
($)
Total
($)
Carl Bass, Chief
Executive Officer and
President(a) ......... 2010 $825,000 $ $ 562,560 $4,028,094 $ $810,000 $ 5,262 $6,230,916
2009 883,333 1,447,040 4,466,280 775,000 4,078 7,575,731
2008 783,333 5,867,775 — 800,000 22,415 7,473,523
Mark J. Hawkins,
Executive Vice
President and Chief
Financial Officer(b) . . . 2010 383,553 100,000 627,610 1,222,065 350,000 107,090 2,790,318
George M. Bado,
Executive Vice
President, Sales and
Services(c) .......... 2010 440,000 152,360 727,264 33,306 592,281 56,690 2,001,901
2009 480,000 380,800 691,509 49,992 352,939 230,500 2,185,740
2008 480,000 873,873 414,297 473,957 2,242,127
Jay Bhatt, Senior Vice
President, Architecture,
Engineering &
Construction(d) ...... 2010 320,833 152,360 778,425 199,951 150,000 46,259 1,647,828
Robert L. Kross, Senior
Vice President,
Manufacturing ....... 2010 330,000 152,360 575,617 200,000 4,505 1,262,482
(a) Mr. Bass was Interim Chief Financial Officer from August 14, 2008 through April 26, 2009.
(b) Mr. Hawkins became Executive Vice President and Chief Financial Officer on April 27, 2009. Mr. Hawkins’ new
hire grants include stock and option awards valued at $475,250 and $1,222,065, respectively. Mr. Hawkins’ fiscal
2010 other compensation includes a sign-on bonus of $100,000 and reimbursement of relocation expenses,
including temporary housing costs, meal per diems and home inspections amounting to $62,120 plus a tax
gross-up of $37,715.
(c) Mr. Bado’s Non-Equity Incentive Plan Compensation consists of amounts earned pursuant to our EIP and sales
commissions and sales bonus earned during fiscal 2010, 2009 and 2008, respectively, as shown below.
Commissions and sales bonus are paid quarterly for the previous quarter’s commissions and bonus earned.
Fiscal 2010 Fiscal 2009 Fiscal 2008
Sales commissions ................................. $567,281 $275,439 $298,297
Executive Incentive Plan ............................ 25,000 37,500 80,000
Sales bonus ...................................... 40,000 36,000
Total ........................................ $592,281 $352,939 $414,297
During fiscal 2010, Mr. Bado’s other compensation included reimbursement of taxes, interest and penalties
incurred by Mr. Bado in relation to Section 409A costs of $27,703 plus a $24,322 tax gross-up. During fiscal
2009, Mr. Bado’s other compensation included reimbursement of taxes, interest and penalties incurred by
Mr. Bado in relation to Section 409A costs of $117,827 plus a $103,444 tax gross-up. During fiscal 2008,
Mr. Bado’s Option Awards included a $456,156 negative adjustment to the grant date fair value of an option
award that was amended and re-priced from $16.42 per share to $17.53 per share as a result of our 2007 voluntary
review of historical stock option granting practices. During fiscal 2008, Mr. Bado’s other compensation included
46