CompensationArrangements with Named Executive Officers other than Mr. Stillman
EX-10.119 5 a07-5999_1ex10d119.htm EX-10.1119
Exhibit 10.119
Compensation Arrangements with Named Executive Officers other than Mr. Stillman
In the first week of January 2007, the following bonuses were paid to the Company’s named executive officers for their services rendered to the Company during 2006:
| Executive Officer |
| Title |
| Bonus Amount |
| |
| Eugene I. Zuriff |
| President and a Director |
| $ | 60,000 |
|
| Samuel Goldfinger |
| Financial Officer, Executive Vice President of Finance, Treasurer and Sec |
| $ | 50,000 |
|
In addition, Mr. Goldfinger’s salary was increased from $170,000 to $190,000 commencing on January 2, 2007. Mr. Zuriff’s salary remained at $165,000.
