Summary of Compensation Arrangements with Ann Marie Cotter as Interim CFO of Zomedica Corp.
Zomedica Corp. has agreed to pay Ann Marie Cotter, its Interim Chief Financial Officer, a base salary of $225,000 per year. She is eligible for an annual bonus of 25% of her base salary, payable within 60 days after each fiscal year. Ms. Cotter can also participate in the company’s stock option and employee benefit plans, such as health and 401(k), subject to standard qualification periods. Additionally, she will be reimbursed for reasonable business expenses incurred during her employment.
EXHIBIT 10.22
Summary of Compensation Arrangements With Ann Marie Cotter
In connection with Ann Marie Cotter’s appointment as Interim Chief Financial Officer, Zomedica Corp. (the “Company”) agreed to pay her a base salary of $200,000 per year. In June 2021, Ms. Cotter received an increase in base salary where her base salary was increased to $225,000 per year. Ms. Cotter is eligible to receive an annual bonus of 25% of her base salary. The bonus, if any, will be payable within sixty (60) days following the end of each fiscal year. Ms. Cotter is also eligible to participate in the Company’s stock option plan and it's employee benefit plans, including health and 401(k) plans, subject to any qualification period therefor. She is also entitled to the reimbursement of reasonable business expenses.
