This excerpt taken from the HERO 8-K filed Dec 13, 2007.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 7, 2007, the Compensation Committee of the Board of Directors of Hercules Offshore, Inc. (the Company) approved the payment of a special cash bonus of $200,000 to each of Lisa W. Rodriguez, John T. Rynd and James W. Noe to reward and encourage their substantial and continuing efforts arising out of the integration of TODCO with the operations of the Company. Lisa Rodriguez is the Senior Vice President and Chief Financial Officer of the Company. John Rynd is the Executive Vice President and Chief Operating Officer of the Company. James Noe is the Senior Vice President, General Counsel, Chief Compliance Officer and Secretary of the Company.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.