EX-10.1
from 10-Q
~5
pages
November 27, 2023 ● This Position Will Report to Dan Bernstein, President and CEO of Bel. ● as Bel Is an “At Will” Employer, This Offer Is for a Non-Specified Period of Time. ● Place of Work Will Be 1700 Finley Road, Lombard, Il 60148 or at Other Group Locations if Business Reasons Demand It. ● Your New Role Will Be Effective July 1, 2024. ● Your Annual Salary Will Be $250,000 to Be Paid Out Semi-Monthly in an Equal Manner Over the Course of the Year. ● You Will Be Awarded a One-Time Stock Grant of 10,000 Shares in the Normal Cycle of Grant Awards That Will Vest on the Same Schedule as the Executive Team. ● Your Position Is Exempt From Minimum Wage, Overtime, and Other Provisions Under State and/or Federal Law. ● Your Current Time Off Will Remain the Same, and Your Benefits Will Remain as Elected and Enrolled
12/34/56
EX-10.13
from 10-K
4 pages
October 25, 2022 ● This Position Will Report Directly to Dan Bernstein, President and CEO of Bel Fuse Inc. ● as Bel Fuse Inc. Is an “At Will” Employer, This Offer Is for a Non-Specified Period of Time. ● Place of Work Will Be 1700 Finley Road, Lombard, Il 60148 or at Other Group Locations if Business Reasons Demand It. ● Your First Day of Employment Will Be November 15, 2022. ● Your Annual Salary Will Be $275,000 to Be Paid Out Semi-Monthly in Equal Manner Over the Course of the Year
12/34/56
