Gaiam, Inc. Executive Officer Salary and Bonus Agreement
This agreement outlines the annual base salaries and bonus arrangements for Gaiam, Inc.'s executive officers, including the Chairman, Presidents, Chief Administrative Officer, and Chief Financial Officer. It specifies each executive's salary and details bonus payments for certain officers, including guaranteed and scheduled bonuses. The agreement covers payment amounts, timing, and conditions for these bonuses, ensuring clarity on compensation for the company's top executives.
Exhibit 10.1
Gaiam, Inc.
Executive Officer Salaries
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| Annual | |
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| Base | |
| Name |
| Title |
| Salary | |
| Jirka Rysavy |
| Chariman and Chief Executive Officer |
| $ | 300,000 |
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| Lynn Powers |
| President, Chief Executive Officer of |
| $ | 300,000 |
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| Jane Pemberton |
| President of Gaiam Trade and GT Media |
| $ | 300,000 |
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| Lou Weiss |
| President of Gaiam Direct |
| $ | 293,000 |
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| Janet Mathews |
| Chief Administrative Officer |
| $ | 200,000 |
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| Vilia Valentine |
| Chief Financial Officer |
| $ | 200,000 |
Ms. Powers and Ms. Mathews will each receive a bonus of $50,000 in May 2006. Ms. Pemberton will receive a bonus of $150,000 during her first year of service, to be paid in equal installments on May 1, 2007 and December 1, 2007. Mr. Weiss’s bonus for the twelve months ending September 30, 2006 is guaranteed to be at least 40% of his annual base salary.
