Other and Additional Compensation. Sections 3(a) and 3(b) establish minimum salary and bonus grant levels for Laves during the Term, and shall not preclude the Board from awarding Laves a higher salary or stock options at any time, nor shall they preclude the Board from awarding Laves bonuses or other compensation in the discretion of the Board.
Appears in 3 contracts
Sources: Employment Agreement (Illinois Superconductor Corporation), Employment Agreement (Illinois Superconductor Corporation), Employment Agreement (Illinois Superconductor Corporation)