Compensation Arrangement for Eric W. Narowski as Interim Chief Financial Officer

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This agreement outlines the additional compensation awarded to Eric W. Narowski for his service as interim Chief Financial Officer of the company. Mr. Narowski will receive a monthly bonus of $3,000, paid in bi-weekly installments, for the duration of his interim CFO role. The bonus is retroactive to November 20, 2009, the date he assumed the position. The arrangement was approved by the company's Compensation Committee on December 18, 2009.

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EX-10.1 2 l38666exv10w1.htm EX-10.1 exv10w1
Exhibit 10.1
COMPENSATION ARRANGEMENT FOR ERIC W. NAROWSKI
On December 18, 2009, the Compensation Committee of the Company’s Board of Directors approved an award of additional compensation to Eric W. Narowski, the Company’s interim Chief Financial Officer, Senior Vice President, Principal Accounting Officer and Global Controller, in recognition of his service as interim Chief Financial Officer. Specifically, Mr. Narowski will receive a monthly bonus of $3,000, payable in bi-weekly installments, during the period he serves as the Company’s interim Chief Financial Officer, with retroactive effect to the date he was appointed to this role, November 20, 2009.