Common use of Compensation and Related Clause in Contracts

Compensation and Related. Matters (as of December 1, 2007). a. Base Salary $ 167,500.00 b. Expected Bonus 80,000.00 c. The Expected Bonus will be paid to me if Company meets its annual budget. A greater or lesser bonus may be paid if performance is above or below budget in the discretion of the Board of Directors of Company.

Appears in 1 contract

Sources: Employment Agreement (American Electric Technologies Inc)

Compensation and Related. Matters (as of December 1, 2007). a. Base Salary Salary. $ 167,500.00 b. Expected Bonus Bonus. 80,000.00 c. The Expected Bonus will be paid to me if Company meets its annual budget. A greater or lesser bonus may be paid if performance is above or below budget in the discretion of the Board of Directors of Company.

Appears in 1 contract

Sources: Employment Agreement (American Electric Technologies Inc)