EX-10.2
from 8-K
2 pages
Starting Salary: $255,000 Annualized, Payable and Pursuant to the Company’s Standard Payroll Practices and Policies. Performance Bonus: The Target Annual Cash Bonus Amount Will Be $160,000. the Bonus in Any Year May Vary Substantially From the Target Cash Bonus Amount, and the Amount of Any Bonus, as Well as Whether a Bonus Will Be Paid at All, Are in the Company’s Sole Discretion and Will Be Based on the Company Hitting Certain Goals. Annual Equity Grant: Employee Shall Be Eligible to Receive Annual Long-Term Equity Incentive Grants Pursuant to the Company’s Outstanding Equity Incentive Plan. Amounts and Vesting Provisions Shall Be Determined at the Time of Grant and Will Be Based on the Company Hitting Certain Goals. Initial Stock Grant: 100,000 Shares of Restricted Common Stock (Two-Year Vesting Schedule). the Expected Grant Date Is June 1, 2023. Location: The Company’s Houston, Tx Office
12/34/56