2015 Executive Officer Compensation Summary for AETI

Summary

This document outlines the 2015 base salaries and target bonuses for the named executive officers of AETI, as determined by the Compensation Committee of the Board of Directors in February 2015. The agreement lists the specific salary and bonus amounts for Charles M. Dauber, William C. Miller, Neal T. Hare, James J. Steffek, and Andrew L. Puhala. It sets forth the compensation structure for these executives for the year 2015.

EX-10.37 7 aeti-ex1037_20141231242.htm EX-10.37

Exhibit 10.37

Summary of Compensation For Named Executive Officers 2015*

In February 2015, the Compensation Committee of the Board of Directors established 2015 salary and target bonus applicable to our executive officers as follows:

 

Named Executive

 

2015
Base Salary($)

 

 

2015
Target Bonus($)

 

Charles M. Dauber

 

 

350,000

 

 

 

175,000

 

William C. Miller

 

 

200,000

 

 

 

100,000

 

Neal T. Hare

 

 

205,990

 

 

 

100,000

 

James J. Steffek

 

 

205,990

 

 

 

100,000

 

Andrew L. Puhala

 

 

205,990

 

 

 

60,000