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DESC » Topics » Summary Compensation Table

This excerpt taken from the DESC DEF 14A filed Apr 24, 2006.

Summary Compensation Table

 

          Annual Compensation
   

Long-Term

Compensation Awards

Name And Principal Position

    Year
    Salary
    Bonus
  

Securities

Underlying

Options (1)

   

All Other

Compensation (2)

Walter W. Schroeder

President

    2005
2004
2003		    $
 
 		 308,986
307,820
306,811		    $
 
 		 30,000
—  
40,000		    40,000
86,277
40,000		    $
 
 		 9,518
11,218
10,218

Mark E. Murray (3)

President—Proton Energy Systems, Inc.

    2005
2004		     
 		 199,330
45,000		     
 		 20,000
25,000		    25,000
125,000		     
 		 6,152
—  

Darren R. Jamison (3)

Chief Operating Officer—Northern Power Systems, Inc.

    2005
2004		     
 		 180,802
154,452		     
 		 28,000
—  		    —  
150,000		     
 		 5,339
3,302

Clint Coleman (3)

President—Northern Power Systems, Inc

    2005
2004
2003		     
 
 		 157,960
189,405
142,293		     
 
 		 —  
—  
10,900		    65,000
—  
244,878		     
 
 		 3,660
4,490
3,201

Robert J. Friedland

Senior Vice President of Advanced Technology Group

    2005
2004
2003		     
 
 		 145,603
140,289
149,507		     
 
 		 16,000
32,000
10,000		    20,000
28,643
15,000		     
 
 		 6,738
5,572
5,835
(1) Represents the number of shares of common stock subject to options granted during the respective years. The Company has never granted any stock appreciation rights.
(2)

Includes disability insurance premiums paid on behalf of the Named Executive Officer. Also includes medical insurance premiums of $1,600 paid on behalf of Mr. Coleman in 2004. In addition, in 2004, 2003 and 2002, the Company made 401(k) matching contributions to

 

8

 

Mr. Schroeder ($6,300 in 2005, $8,000 in 2004 and $7,000 in 2003), Mr. Murray ($6,152 in 2005), Mr. Jamison ($5,339 in 2005 and $3,302 in 2004), Mr. Coleman ($3,660 in 2005, $2,890 in 2004 and $2,803 in 2003) and Mr. Friedland ($5,454 in 2005, $4,288 in 2004 and $4,551 in 2003).

(3) Mr. Murray joined the Company as president—Proton Energy Systems, Inc. in September 2004. Mr. Jamison joined the Company as executive vice president of operations—Northern Power Systems, Inc. in February 2004, became chief operating officer—Northern Power Systems, Inc. in December 2004 and became president—Northern Power Systems, Inc. in September 2005. Mr. Coleman joined the Company as president—Northern Power Systems, Inc. as part of the Northern Power Systems acquisition in December 2003 and became executive vice president, corporate development—Distributed Energy Systems Corp. in September 2005.

 

This excerpt taken from the DESC 10-K filed Mar 10, 2006.

Summary Compensation Table

 

     Annual Compensation   

Long-Term

Compensation Awards

Name And Principal Position

    Year    Salary    Bonus    Securities
Underlying
Options (1)		    All Other
Compensation (2)

Walter W. Schroeder

President

    2005
2004
2003		    $
 
 		 308,986
307,820
306,811		    $
 
 		 30,000
—  
40,000		    40,000
86,277
40,000		    $
 
 		 9,518
11,218
10,218

Mark E. Murray (3)

President—Proton Energy Systems, Inc.

    2005
2004		     
 		 199,330
45,000		     
 		 20,000
25,000		    25,000
125,000		     
 		 6,152
—  

Darren R. Jamison (3)

Chief Operating Officer—Northern Power Systems, Inc.

    2005
2004		     
 		 180,802
154,452		     
 		 28,000
—  		    —  
150,000		     
 		 5,339
3,302

Clint Coleman (3)

President—Northern Power Systems, Inc

    2005
2004
2003		     
 
 		 157,960
189,405
142,293		     
 
 		 —  
—  
10,900		    65,000
—  
244,878		     
 
 		 3,660
4,490
3,201

Robert J. Friedland

Senior Vice President of Advanced Technology Group

    2005
2004
2003		     
 
 		 145,603
140,289
149,507		     
 
 		 16,000
32,000
10,000		    20,000
28,643
15,000		     
 
 		 6,738
5,572
5,835

 

(1)

Represents the number of shares of common stock subject to options granted during the respective years. We have never granted any stock appreciation rights.

 

98

Table of Contents

(2)

Includes disability insurance premiums paid on behalf of the Named Executive Officer. Also includes medical insurance premiums of $1,600 paid on behalf of Mr. Coleman in 2004. In addition, in 2004, 2003 and 2002, we made 401(k) matching contributions to Mr. Schroeder ($6,300 in 2005, $8,000 in 2004 and $7,000 in 2003), Mr. Murray ($6,152 in 2005), Mr. Jamison ($5,339 in 2005 and $3,302 in 2004), Mr. Coleman ($3,660 in 2005, $2,890 in 2004 and $2,803 in 2003) and Mr. Friedland ($5,454 in 2005, $4,288 in 2004 and $4,551 in 2003).

 

(3)

Mr. Murray joined us as president—Proton Energy Systems, Inc. in September 2004. Mr. Jamison joined us as executive vice president of operations of Northern Power Systems, Inc. in February 2004, became chief operating officer—Northern Power Systems, Inc. in December 2004 and became president—Northern Power Systems, Inc. in September 2005. Mr. Coleman joined us as president—Northern Power Systems, Inc. as part of the Northern Power Systems acquisition in December 2003 and became executive vice president, corporate development—Distributed Energy Systems Corp. in September 2005.

This excerpt taken from the DESC DEF 14A filed Apr 20, 2005.

Summary Compensation Table

 

          Annual Compensation
   

Long-Term

Compensation Awards

Name And Principal Position

    Year
    Salary
    Bonus
    Securities
Underlying
Options (1)
    All Other
Compensation (2)

Walter W. Schroeder

President

    2004
2003
2002		    $
 
 		 307,820
306,811
291,520		     
$
 		 —  
40,000
—  		    86,277
40,000
55,500		    $
 
 		 11,218
10,218
8,718

Robert J. Friedland

Senior Vice President of Hydrogen

Technology Group

    2004
2003
2002		     
 
 		 140,289
149,507
156,163		     
 
 		 32,000
10,000
—  		    28,643
15,000
7,750		     
 
 		 5,572
5,835
5,845

Clint Coleman (3)

President—Northern Power Systems, Inc

    2004
2003		     
 		 189,405
142,293		     
 		 —  
10,900		    —  
244,878		     
 		 4,490
3,201

Mark E. Murray (3)

President—Proton Energy Systems, Inc.

    2004      45,000      25,000    125,000      —  

Darren R. Jamison (3)

Chief Operating Officer—Northern Power Systems, Inc.

    2004      154,452      —      150,000      3,302
(1) Represents the number of shares of common stock subject to options granted during the respective years. The Company has never granted any stock appreciation rights.
(2) Includes disability insurance premiums paid on behalf of the Named Executive Officer. Also includes medical insurance premiums of $1,600 paid on behalf of Mr. Coleman. In addition, in 2004, 2003 and 2002, the Company made 401(k) matching contributions to Mr. Schroeder ($8,000 in 2004, $7,000 in 2003 and $5,500 in 2002), Mr. Friedland ($4,288 in 2004, $4,551 in 2003 and $4,561 in 2002), Mr. Coleman ($2,890 in 2004, $2,803 in 2003), and Mr. Jamison ($3,302 in 2004).
(3) Mr. Coleman joined the Company as president—Northern Power Systems, Inc. as part of the Northern Power Systems acquisition in December 2003. Mr. Murray joined the Company as president—Proton Energy Systems, Inc. in September 2004. Mr. Jamison joined the Company as executive vice president of operations of Northern Power Systems, Inc. in February 2004 and became chief operating officer—Northern Power Systems, Inc. in December 2004.

 

9

EXCERPTS ON THIS PAGE:

DEF 14A
Apr 24, 2006
10-K
Mar 10, 2006
DEF 14A
Apr 20, 2005

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