Titan Machinery Inc. Compensation Arrangements for Executive Officers for Fiscal Year 2009


 

EXHIBIT 10.39

 

TITAN MACHINERY INC.
COMPENSATION ARRANGEMENTS FOR EXECUTIVE OFFICERS
FOR FISCAL YEAR 200
9

 

     The Titan Machinery Inc. Board of Directors approved the 2009 fiscal year base salaries for the executive officers as set forth below.

 

 

 

2008 Annual

 

Executive Officer and Title

 

Base Salary

 

David J. Meyer

 

$

250,000

 

Chairman and Chief Executive Officer

 

 

 

 

 

 

 

Peter Christianson

 

$

250,000

 

President and Chief Financial Officer

 

 

 

 

 

 

 

Ted Christianson

 

$

155,000

 

Vice President, Finance and Treasurer