EX-10.1
from 8-K
2 pages
1. Your Base Salary Will Be $160,000.00 Per Year, Payable According to Our Standard Payroll Schedule. 2. You Will Be Eligible to Receive a $40,000.00 Annual Bonus That Will Be Determined Based Upon: A) the Attainment of Certain Financial Measures Including Revenue and Gross Margin, and B) Achievement of Other Milestones. 3. as Approved by Our Board, You Will Also Receive an Additional Incentive Stock Option to Purchase 30,000 Shares of the Company’s Common Stock. 4. You Will Accrue Vacation at the Rate of 1.667 Days Per Month (Equivalent to 20 Days of Vacation Annually). 5. You Will Receive the Company’s Standard Offering of Employee Benefits, Including Health, Life Insurance, and 401(k) Participation
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