Factors Driving Growth in Data Storage

EX-10.4 2 v12567exv10w4.htm EX-10.4 exv10w4
 

EXHIBIT 10.4
Base Salaries
For Executive Officers of
Qualstar Corporation
For the Fiscal Year Ending June 30, 2006
             
        Fiscal Year 2006
Name   Title   Base Salary(1)
         
William J. Gervais
  Chief Executive Officer and President   $ 185,000  
Frederic T. Boyer
  Vice President and Chief Financial Officer   $ 175,000  
Robert K. Covey
  Vice President of Marketing   $ 167,000  
David L. Griffith
  Vice President of Operations   $ 165,000  
Robert C. King
  Vice President of Sales   $ 160,000 (2)
Richard A. Nelson
  Vice President of Engineering   $ 146,000  
 
(1)  Qualstar is an “at will” employer. The expression of base salaries in annual amounts does not imply that there is an agreement to employ any executive officer for any specific period of time.
 
(2)  Mr. King also receives an auto allowance of $6,000 per year.