Sales Compensation Plan Description for Vice President of Sales
This document outlines the Sales Compensation Plan for the Company's Vice President of Sales. Under this plan, the Vice President is eligible to receive incentive compensation based on meeting specific financial and operational goals set by the Board of Directors. The compensation is distributed quarterly, with part paid in cash and part in restricted stock units. The plan is designed to reward performance aligned with the company's objectives.
EXHIBIT 10.25
Description of Sales Compensation Plan
Pursuant to the Sales Compensation Plan, the Company’s Vice President of Sales may receive incentive compensation based upon the achievement of certain financial and operating milestones approved by the Board of Directors. A portion of the incentive compensation would be paid quarterly in cash and a portion of the incentive compensation would be paid quarterly in restricted stock units.
