This excerpt taken from the CHCO 8-K filed Feb 23, 2006.
Item 1.01 Entry Into a Material Definitive Agreement
On February 22, 2006, City Holding Companys (the Company) Board of Directors approved the base salaries of the Companys president and chief executive officer and certain of the individuals expected to be named in the Companys proxy statement for its 2006 annual meeting of shareholders as its four highest paid executive officers other than the chief executive officer (together with the chief executive officer, the Named Executive Officers). Also, the Companys Board of Directors approved cash bonus awards to be paid to the Named Executive Officers for the calendar year ended December 31, 2005. The table below sets forth the amounts of these base salaries and cash bonus awards.
The Company intends to provide additional information regarding the compensation awarded to Named Executive Officers in respect of and during the year ended December 31, 2005, in the proxy statement for the Companys annual meeting of shareholders, which is expected to be filed with the Securities and Exchange Commission in March 2006.
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto duly authorized.