EX-10.2
from 8-K
1 page
1. Base Salary. Effective January 1, 2018, Your Annualized Base Salary Will Be Adjusted to $85,000 (Eighty-Five Thousand Dollars). 2. Bonus Plan: A. 2017: You Will Be Eligible for the Bonus Plan Payout, if Any, for 2017’s Fiscal Year’s Performance Based on Your Target Bonus of 50% of Your 2017 Annualized Base Salary of $300,000. B. 2018 and Thereafter: Your Target Bonus for Bonus Plans for Fiscal Year 2018 and Thereafter Will Be Based on 50% of Your Then Current Annualized Base Salary. 3. Severance Package: A. 2017/2018: If You Are Terminated Before January 1, 2019, the Base Salary Under the Severance Package Shall Be Deemed to Be $300,000
12/34/56