Amendment to Limited Confidentiality and Non-Compete Agreement (November 7th, 2007)
THIS AMENDMENT is dated as of the _____ day of ___________, 200__, by and between First Horizon National Corporation and FTN Financial (collectively the "Company") and Jim L. Hughes ("Hughes").
Description of 2007 Salaries for 2006 Named Executive Officers (May 8th, 2007)
Annualized salary rates for 2007 for the executive officers of the Corporation who are named in the executive compensation disclosures of the Corporation's 2007 proxy statement in relation to fiscal year 2006 ("2006 Named Executive Officers") are:
Limited Confidentiality and Non-Compete Agreement (October 24th, 2006)
This AGREEMENT is by and between First Horizon National Corporation, FTN Financial, and any and all of their predecessors, successors, assigns, subsidiaries, parents, affiliates and their respective directors, officers, employees, agents, attorneys and representatives, past, present or future (the Company) and Jim L. Hughes (Hughes).
Description of Target Payouts and Performance Criteria for 2006 Annual Cash Bonuses for 2005 Named Executive Officers (February 21st, 2006)
On February 14, 2006, the Compensation Committee of the Board of Directors established target payouts and performance criteria for 2006 annual cash bonuses under the registrants 2002 Management Incentive Plan. For the executive officers of the registrant who are expected to be named in the executive compensation disclosures of the registrants 2006 proxy statement (2005 Named Executive Officers) other than the line business unit heads (Charles G. Burkett, Jim L. Hughes, and Larry Martin), target bonuses were established ranging from 115% to 125% of base salary, and maximum bonuses are 150% of target. The primary criterion for determining final bonuses will be earnings per share growth for 2006. For the line business unit heads, bonuses were established as a percentage of a measure of applicable business unit pretax income, with a portion of the resulting business unit bonus amount subject to adjustment based on corporate earnings per share growth. The arrangement for Mr. Hughes is in a
Description of 2006 Salaries for 2005 Named Executive Officers (February 21st, 2006)
On February 14, 2006, the registrants Compensation Committee of the Board of Directors approved salaries for the executive officers of the Company related to the year 2006. Annualized salary rates for 2006 for the executive officers of the registrant who are expected to be named in the executive compensation disclosures of the registrants 2006 proxy statement (2005 Named Executive Officers) are: J. Kenneth Glass ($944,000), Gerald L. Baker ($700,000), Charles G. Burkett ($675,000), Jim L. Hughes ($623,000), and Larry Martin ($482,000). Salaries generally were increased 3% over 2005, in line with the average increase for other employees for 2006, other than for Mr. Baker and Mr. Burkett in recognition of the changes in 2006 of their responsibilities. Salary rates approved at that time are effective for the remainder of the year. The new salary rates generally are not retroactive to the beginning of the year, except for Mr. Baker and Mr. Burkett due to their promotions in late 2005.
April 21, 2004 Dear Jimmie: (August 6th, 2004)
We are writing this letter (this Agreement) to confirm certain terms of your employment and certain components of your compensation and benefits package, which have been approved by the Compensation Committee of the Board of Directors (the Committee), in connection with your employment with First Horizon National Corporation (the Company).