Attached files
EXHIBIT
10.21
Compensation
Arrangements
On April 1, 2009, the Registrant’s Compensation Committee determined that the
performance of the organization in 2008 (as measured by the adjusted operating
ratio) did not meet the criteria established by the Frozen Food Express
Industries, Inc. 2005 Stock Incentive Plan and that no cash bonuses or
restricted stock bonus awards would be paid to the Named Executive Officers, as
indicated in the table below.
Executive
Name and Position
|
Cash
Bonus
|
Restricted
Stock
Bonus
|
Restricted
Stock
Shares
|
|||||||||
Stoney
M. Stubbs, Jr., President and Chief Executive Officer
|
$
|
-
|
$
|
-
|
-
|
|||||||
S.
Russell Stubbs, Senior Vice President and Chief Operations
Officer
|
$
|
-
|
$
|
-
|
-
|
|||||||
Thomas
G. Yetter, Senior Vice President and Chief Financial
Officer
|
$
|
-
|
$
|
-
|
-
|