Pallet-Management-Services - AFM

No loans from the Company or pension schemes are provided to members of the Board of
Managing Directors.
It is expected that the remuneration policy will remain unchanged during 2007.
Employment agreement with Mr. Karl Pohler
Karl Pohler is bound by an employment agreement which provides that he will serve as the
Company’s Chief Executive Officer and a member of our Executive Management Committee.
His employment agreement provides for a comprehensive remuneration plan that includes base
salary and executive bonus. If his employment is terminated without cause, he is entitled to
receive one discounted installment of his remaining base salary for the remainder of the
employment term.
Service agreement with Mr. Douwe Terpstra
Mr. Terpstra is compensated in accordance with a service agreement dated September 1, 2005.
Executive Management Committee
Name Position
Karl Pohler Chief Executive Officer
Michael W. Nimtsch Chief Financial Officer
Wolfgang Orgeldinger Chief Operating Officer
David S. Russell President, IFCO SYSTEMS North America
2006 total cash compensation for our four Executive Managers will be approximately EUR 4.4
million (EUR 4.5 million in 2005), consisting of EUR 1.5 million (EUR 1.5 million in 2005) in base
salaries and EUR 2.9 million (EUR 3.0 million in 2005) for variable cash incentives. In 2006 the
variable component amounted to approximately 65.3% (66.6% in 2005) of total compensation,
which is consistent with the Company’s policy to focus on variable, performance related
remuneration. For the stock option expenses for the management share incentive plan please
see Notes to employee benefit plans.
Employment agreements
The Company has entered into employment agreements with the Executive Management
Committee. The remaining base salary commitment under the terms of these agreements as of
December 31, 2006, is payable as follows:
EUR in thousands Amount
2007 1,642
2008 -
2009 -
Total 1,642
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