EX-10.1
from 10QSB
1 page
Title: Vice President and Chief Financial Officer First Day of Employment: On or About December 1, 2005 Location: Based in Plymouth, Travel as Needed Report To: Jerry Grabowski, President and CEO Salary: $167,000 With Bonus Potential of 35% First Year of Employment Stock Options: 35,000 Shares Vacation: 208 Hours Accrued First Year of Employment Benefits: Insurance Eligibility Begins on or About December 1, 2005. Health, Dental, Life Insurance, and Disability Premiums Will Be Reimbursed as Taxable Income 401(k) Eligibility Begins After 6 Months of Employment /S/ Jerry Grabowski Jerry Grabowski President and Chief Executive Officer Waters Instruments, Inc. 1
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