Scanner Technologies Corporation 2006 Executive Officer Compensation Schedule

Contract Categories: Human Resources › Compensation Agreements
Summary

Scanner Technologies Corporation's Compensation Committee established the 2006 base salaries for its executive officers. Elwin M. Beaty, serving as CEO, President, and CFO, will receive an annual base salary of $280,000, which includes a $40,000 payment made on January 1st as specified in his employment agreement. David P. Mork, Executive Vice President, will receive an annual base salary of $180,000. This document outlines the compensation terms for these key executives for the 2006 fiscal year.

Read More Arrow
EX-10.1 2 a5099037ex101.txt EXHIBIT 10.1 EXHIBIT 10.1 SCANNER TECHNOLOGIES CORPORATION 2006 EXECUTIVE OFFICER COMPENSATION The Scanner Technologies Corporation Compensation Committee set the 2006 fiscal year base salaries for the executive officers as follows: 2006 Annual Executive Officer and Title Base Salary Elwin M. Beaty $280,000* Chief Executive Officer, President and Chief Financial Officer David P. Mork $180,000 Executive Vice President *Includes a payment of $40,000 paid to Mr. Beaty on January 1st of each year pursuant to the terms of his employment agreement.