2004 Compensation Plan for Dale R. Szymborski

EX-10.22 4 c83598exv10w22.txt 2004 COMPENSATION PLAN FOR DALE R. SZYMBORSKI EXHIBIT 10.22 2004 COMPENSATION PLAN FOR DALE SZYMBORSKI Name: DALE SZYMBORSKI Function: PRESIDENT, KONTRON MOBILE COMPUTING The main focus this year is to grow the company and continue the successful path of profitability. The main challenge will be to motivate your staff/people during the year and report weekly to the CEO. This reward system intends to motivate you to fulfill both the Company tasks and, in the long term, create shareholder value for all shareholders of KMC. Base Salary: $120,000 The bonus per Quarter is evaluated and based on the following: 1. Profitability for Kontron Mobile Computing per Quarter - If Operating profit is less than $150K, then $0/Qtr. - If Operating profit is less than $399K, then $7,500/Qtr. - If Operating profit is more than $400K, $10,000/Qtr. - If Operating profit is more than $500K, then $15,000/Qtr. - If Operating profit is more than $900K, then $20,000/Qtr. - If Operating profit is more than $1,300,000, then $30,000/Qtr. Before the Bonus is paid, the numbers in each quarter have to be audited and approved by the CEO. If Revenue for the year 2004 exceeds $13.2 Million, there is an additional bonus of $25,000 paid out. The CEO has the right at any time to change the above conditions. /s/ Thomas Sparrvik /s/ Dale R. Szymborski - ---------------------------------- ---------------------------------------- Thomas Sparrvik, CEO Dale R. Szymborski, President Kontron Mobile Computing, Inc. Kontron Mobile Computing, Inc.