Stereotaxis, Inc. Compensation Disclosure for Named Executive Officers
This document outlines how Stereotaxis, Inc. determines the compensation of its named executive officers. Their base salaries are set annually by the Compensation Committee of the Board of Directors. The officers are employed "at will" and each has a written employment agreement. They are also eligible to participate in the company's incentive compensation plans, with the terms of these plans and related awards filed as exhibits in company reports.
Exhibit 10.9
Compensation of Named Executive Officers
The executive officers named in the compensation table in the proxy statement for Stereotaxis, Inc. have their base salaries determined yearly by the Compensation Committee of the Board of Directors. The named executive officers are “at will” employees, and each has a written employment agreement, a form of which is filed as an exhibit to reports filed by the Company under the Securities Exchange Act of 1934.
The named executive officers are eligible to participate in the Company’s incentive compensation plans as provided in the terms of such plans. Such plans and any forms of awards thereunder providing for material terms, are filed as exhibits to reports filed by the Company under the Securities Exchange Act of 1934.
