Carl B. Webb Compensation Arrangement
Exhibit 10.11
Xxxx X. Xxxx Compensation Arrangement
On October 24, 2005, the Compensation Committee of Triad Financial Corporation (the
“Company”) agreed to compensate Xx. Xxxx X. Xxxx for his work as interim President and
Chief Executive Officer of the Company. Xx. Xxxx assumed this role in August 2005 and will be paid
a monthly salary of approximately $41,666. Xx. Xxxx will be employed on an “at will” basis and
there is no written employment agreement.