Adamis Pharmaceuticals Compensation Committee Discretionary Compensation Authorization
This document outlines the authority of the Compensation Committee or Board of Directors of Adamis Pharmaceuticals Corporation to approve discretionary cash compensation payments or awards to executive officers. The Committee may grant cash bonuses, adjust base salaries, or approve other forms of cash compensation, including deferred or severance payments, at its discretion. The authorization covers payments made under employment agreements or as otherwise permitted by the Committee or Board.
Adamis Pharmaceuticals Corporation 8-K
Exhibit 10.2
Description of Compensation Committee Authority Regarding Discretionary Compensation Payments
Pursuant to the authority of the Compensation Committee (the “Committee”) of the board of directors (the “Board”) of Adamis Pharmaceuticals Corporation (the “Company), the Committee, or the Board, may in its discretion from time to time approve discretionary cash compensation payments or awards to some or all executive officers of the Company (including without limitation payments pursuant to, or contemplated or permitted by, any employment agreement), including cash awards, cash bonus payments, changes (including increases) in base salaries, deferred or severance cash compensation, or other forms of cash compensation awards or payments.
