Base Salary and Incentive Summary for Named Executive Officers of Focus Enhancements Inc. (2006)

Summary

This document outlines the annual base salaries set by the Compensation Committee of Focus Enhancements Inc. for its named executive officers as of February 1, 2006. It lists the specific salaries for each officer and notes that they are eligible for a discretionary bonus of 25% to 50% of their base salary for 2006. The officers are also eligible to participate in the company's 401(k) Plan and Stock Incentive Plans. One officer's salary is scheduled for review later in the year.

EX-10.51 10 a06-2037_1ex10d51.htm MATERIAL CONTRACTS
EXHIBIT 10.51

 

BASE SALARIES OF NAMED EXECUTIVE OFFICERS OF THE REGISTRANT

 

As of February 1, 2006, the Compensation Committee of Focus Enhancements Inc. (Focus) set the following base salaries (on an annual basis) for our named executive officers:

 

Brett Moyer
President and Chief Executive Officer

 

$

326,025

 

 

 

 

 

 

Michael Conway
Senior Vice President of Strategy and Business Development

 

$

171,250

 

 

 

 

 

 

Thomas Hamilton
Executive Vice President and GM of Semiconductor Group

 

$

185,000

*

 

 

 

 

 

Peter Mor
Senior Vice President of Engineering and Operations

 

$

210,000

 

 

 

 

 

 

Gary Williams
Executive Vice President of Finance & CFO

 

$

215,250

 

 


* Mr. Hamilton’s base salary was not adjusted. Mr. Hamilton’s salary is scheduled to be reviewed in July 2006.

 

Each of the named executive officers will be eligible to receive a discretionary bonus for 2006 between 25% and 50% of their base salary.

 

Like all employees of Focus, each of the named executive officers is also eligible to receive an allocation pursuant to Focus’ 401(k) Plan.

 

Each of the named executive officers is also eligible to participate in Focus’ Stock Incentive Plans.