• PaidContent, Tuesday, March 16, 2010 1:35 PM

AOL has decided to not increase base salary this year, according to an SEC proxy picked up by paidContent this morning. "However, as always, other perks more than make up for it," remarks paidContent's Rafat Ali. Of particular note, Ted Cahall, until recently Chief Technology Officer at AOL, received a secondary retention payment 10 days before the company announced his departure.

"Pursuant to a secondary retention program for Mr. Cahall established in December 2008, Mr. Cahall received a retention payment of $100,000 on May 15, 2009 and a retention payment of $354,000 (an amount equal to 60% of Mr. Cahall's base salary) on January 15, 2010," the filing states. CEO Tim Armstrong, meanwhile, received about $25 million last year -- most in stocks and options -- even though he didn't join the company until March.

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