Base Salary and Incentive Summary for Named Executive Officers of Focus Enhancements Inc. (2006)
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.
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 |
| $ | 326,025 |
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Michael Conway |
| $ | 171,250 |
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Thomas Hamilton |
| $ | 185,000 | * |
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Peter Mor |
| $ | 210,000 |
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Gary Williams |
| $ | 215,250 |
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* Mr. Hamiltons base salary was not adjusted. Mr. Hamiltons 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.