EX-10.25
from 10-K
5 pages
Your Responsibilities Have Been Outlined During Your Discussions With US. in Making This Offer, We Express Not Only Our Recognition of Your Credentials and Accomplishments but Also Our Enthusiasm of You Joining the Company. the Following Information Explains the Provisions of Your Agreement to Join the Company: Terms of Agreement Position: Chief Information Officer Status: Exempt Manager: John Robinson, President Department: Information Technology Effective Date: Employment to Begin No Later Than August 15, 2011 Base Salary: Will Be Paid in Bi-Weekly Installments on a Graded Scale Determined Below. Please Note Your Salary Amount Is Based Upon Your Effective Date. Cash Compensation Year 1: $ 400,000 Year 2: $ 425,000 Year 3: $ 450,000 Year 4: $ 475,000 Year 5: $ 500,000 Guaranteed Bonus: You Are Eligible for a Guaranteed Bonus Equal to Forty Percent (40%) of Your Annual Base Salary. the Bonus Will Be Paid Monthly at a Rate of One Twelfth of the Total Bonus Amount. Payment Will Begin on the First Full Month of Employment and Will Be Paid on the Second Pay Period
12/34/56
EX-10.24
from 10-K
5 pages
Your Responsibilities Have Been Outlined During Your Discussions With US. in Making This Offer, We Express Not Only Our Recognition of Your Credentials and Accomplishments but Also Our Enthusiasm of You Joining the Company. the Following Information Explains the Provisions of Your Agreement to Join the Company: Terms of Agreement Position: Senior Vice President of Product Development Status: Exempt Manager: Tracy Young Department: Product Development Effective Date: Employment to Begin No Later Than April 18, 2011 Compensation Scale: The Base Salary to Be Paid in Approximately Equal Bi-Weekly Installments. Cash Compensation: Year 1: $ 275,000 Year 2: $ 300,000 Year 3: $ 300,000 Year 4: $ 300,000 Year 5: $ 325,000
12/34/56
