Laser Cutting. Pulses core business is providing precision laser cutting of thin-wall metal tubes. For the twelve months ended June 30, 2010, laser cutting represented approximately 90% of Pulses total revenue. Pulse has expertise in processing a variety of medical-grade materials, such as stainless steel, certain nickel-titanium alloys known as Nitinol, precious metals such as platinum and gold (often used as radio-opaque location markers for implants), as well as tantalum and cobalt chromium. Pulse utilizes automated processing workstations which deliver precise amounts of laser energy to vaporize metal materials in the specific pattern required for the customers part. Laser processing has technical advantages over other conventional machining techniques in processing these thin, delicate materials
EX-10.1 3 k49596exv10w1.htm EX-10.1 exv10w1
Exhibit 10.1
Summary of Director Compensation
The following sets forth the compensation program for non-employee directors of United American Healthcare Corporation. Annual chair fees are paid annually at the end of each calendar year. Annual board fees are paid on a quarterly basis. Directors who are employees of the Company do not receive any additional compensation for Board service. All directors are reimbursed for expenses reasonably incurred in connection with Board service.
Board/Committee meeting fees (cash): | $ | 500 | per meeting | |
Annual Chair fees (cash): | ||||
Non Executive Chairman of the Board | $ | 16,200 | ||
Finance and Audit Committee-Chair | $ | 3,000 | ||
Compensation Committee-Chair | $ | 2,000 | ||
Governance Committee-Chair | $ | 1,500 | ||
Annual fees: | ||||
Cash | $ | 9,000 | ||
Stock (cash value) | $ | 9,000 |
