Gregory E. Poling Letter Agreement dated June 27, 2019
EX-10.2 3 a2019q210-qexhibit102.htm EXHIBIT 10.2 Exhibit
EXHIBIT 10.2
Compensation Terms Gregory E. Poling
Appointment as Executive Chairman of the Board of Directors
Effective as of August 1, 2019 your role and compensation will change.
Element | Current | Effective August 1st |
Role | Chief Executive Officer | Executive Chairman of the Board of Directors |
Base Salary | $800,000 | $600,000 |
Target Bonus* | 100% | 100% |
*Bonus at end of year would be prorated based on time in salary (58.33% at $800k to August 1 and 41.66% at $600k)
I understand and agree the changes as described above.
Signed
/s/ GREGORY E. POLING | /s/ GERALD G. COLLELA |
Executive Chairman | Chairman of the Compensation Committee |
Date: June 27, 2019 | Date: June 27, 2019 |
