Executive Officer Compensation Schedule for Carl Mostert, Johann Leitner, John Low, and Alan Kiraly

Summary

This document outlines the annual base salaries and bonus eligibility for four executive officers: Carl Mostert (CEO), Johann Leitner (VP, Strategic Marketing), John Low (CFO), and Alan Kiraly (VP, Product Development). Each executive receives a specified base salary, and bonus compensation may be awarded annually at the discretion of the Board's compensation committee. No other annual compensation is provided under this agreement.

EX-10.18 4 a05-9402_1ex10d18.htm EX-10.18

Exhibit 10.18

 

Executive Officer Compensation

 

Executive Officer

 

Title

 

Base
Annual
Salary

 

Bonus Plan
Compensation

 

Other Annual
Compensation

Carl Mostert

 

Chief Executive Officer

 

$

230,000

 

*

 

None

Johann Leitner

 

VP, Strategic Marketing

 

$

224,000

 

*

 

None

John Low

 

Chief Financial Officer

 

$

195,000

 

*

 

None

Alan Kiraly

 

VP, Product Development

 

$

135,000

 

*

 

None

 


* Bonus compensation is determined annually at the discretion of the compensation committee of the Board of Directors.