S-1/A Table of Contrail The total compensation opportunity for each of our executive officers is created by utilizing available infonnation disclosed in proxy statements of these companies in combination with generally available market compensation survey information. It is important to note that compensation data from non-peer group companies is also given significant consideration since we also recruit talent from organizations outside the payments industry. Elements of Compensation Compensation for our NEOs is delivered through: base salary: • bonuses; long-term incentive compensation; and benefits and perquisites. Base Salary Base salary compensates our executives for performing the requirements of their positions and provides them with a level of cash income predictability and stability with respect to a portion of their total compensation. The Committee believes that base salaries for executives should reflect market competitive levels of pay and factors unique to each executive such as experience and breadth of responsibilities, performance. individual skill set, time in the role, pay relative to peers within the Company. and base pay in previous roles outside of the Company. Initial base salaries for our NEOs are agreed with the NEO at the time of hiring. Each executive officer is reviewed annually and is eligible for a discretionary annual merit increase. Base salaries may also be adjusted at other times to deal with competitive pressures or changes in job responsibilities. Mr. Bisignano's salary was not increased in 2015. The following table reflects our NEOs base salaries as of December 31, 2014. Base Salary as of December 31, 2014 Frank J. Bisignano. Chairman and Chief Executive Officer $ 1,500.000 Michael K. Neborak, Executive Vice President. Director of Finance 600.000 Cynthia A. Armin-Klein, Fverative Vice President, Chief Control Officer 500.000 Sanjiv Das. Executive Vice President. Co-Head of Global Financial Solution