Interim CFO Appointment and Compensation Change Agreement for Matthew Gage
This agreement documents the appointment of Matthew Gage as Interim Chief Financial Officer (CFO) in the Finance Department, effective March 21, 2022. As part of this change, Mr. Gage's compensation is set at $150,000, with an additional bonus of $10,000 per quarter while serving as Interim CFO. The agreement is approved by company management and outlines the key terms of his new role and compensation.
Exhibit 10.1
☐ New Hire x☐ Change ☐ Separation EFFECTIVE DATE 3/21/2022 LAST NAME FIRST MIDDLE Gage Matthew SOCIAL SECURITY NUMBER DEPARTMENT Finance SHIFT CLOCK/PAYROLL NO. COMPLETE THIS SECTION FOR NEW HIRES ONLY ☐ Rehire ☐ Addition to Staff ☐ Replacement For ADDRESS CITY STATE ZIP PHONE NO. BIRTH DATE SEX ☐ M ☐ F MARITAL STATUS ☐ S ☐ M ☐ W ☐ D NUMBER OF DEPENDENTS CLASSIFICATION ☐ Non-Exempt ☐ Exempt STARTING RATE ☐ Hourly $ ☐ Semi Monthly $ ☐ Annually $ W-4 COMPLETED? ☐ YES ☐ NO EMPLOYMENT STATUS ☐ Full-Time Regular ☐ Part-Time Regular ☐ Full-Time Temporary ☐ Part-Time Temporary JOB TITLE COMPLETE THIS SECTION FOR CHANGES ONLY – EXPLAIN IN REMARKS, IF NECESSARY CHECK ALL APPLICABLE BOXES FROM TO CHECK ALL APPLICABLE BOXES FROM TO ☐ Position Dir SEC Reporting & FP&A Interim CFO ☐ Marital Status ☐ Job Classification ☐ Dependents ☐ Pay $150,000 See Below ☐ Payroll Deductions ☐ Department ☐ Employment Status ☐ Shift ☐ Other: Correction ☐ Leave of Absence Reason: Date of Return Name, Address, Phone ☐ (Use remarks Section) REMARKS: As Interim CFO - bonus of $10,000 per quarter COMPLETE THIS SECTION FOR SEPARATIONS ONLY HIRE DATE SEPARATION DATE LAST DAY WORKED ☐ Resignation ☐ Discharge ☐ Temporary Layoff ☐ Permanent Layoff ☐ Retirement Remarks: RECOMMENDED - Manager DATE 3/21/2022 s/ Ilan Danieli APPROVED - COO I DATE Authorized - CFO s/ Carl Iberger DATE 3/21/2022 /
