Stoneridge, Inc. – Severance Agreement and Release (August 23rd, 2005)
This Severance Agreement and Release (this Agreement) is made and entered into on August 19, 2005 (the Effective Date), by and between Stoneridge, Inc., an Ohio corporation, and its subsidiaries and affiliates and its past and present directors, shareholders, employees, agents, officers, attorneys and assigns (the Company) and Joseph M. Mallak (Executive).
Stoneridge, Inc. – Summary of Executive Compensation (May 12th, 2005)
On February 10, 2005, the Compensation Committee of the Board of Directors of Stoneridge, Inc. (the Company) approved the annual base salaries (for fiscal year 2005) of the Companys executive officers after a review of performance and competitive market data. The following table sets forth the annual base salary levels of the Companys Named Executive Officers (which officers were determined by reference to the Companys proxy statement, dated March 11, 2005) and of the Companys Chief Financial Officer (who commenced employment with the Company in September 2004) paid in 2004 and to be paid in 2005.