EX-10.35
from 10-K
13 pages
Regular Trips to the Company’s Plants in Columbia, Ms and Devault, Pa and Headquarters in El Segundo, Ca. All Business Travel and Approved Expenses Will Be Paid by the Company According to Policies and Practices. by Signing This Letter, You Confirm With the Company That You Are Under No Contractual or Other Legal Obligations That Would Prohibit You From Performing Your Duties With the Company. 2.trinet Hr Corporation. the Company’s Benefits, Payroll, and Other Human Resource Management Services Are Provided Through Trinet Hr Corporation, a Professional Employer Organization. as a Result of the Company’s Arrangement With Trinet, Trinet Will Be Considered Your Employer of Record for These Purposes and Your Managers at the Company Will Be Responsible for Directing Your Work, Reviewing Your Performance, Setting Your Schedule, and Otherwise Directing Your Work at the Company. 3. Compensation and Employee Benefits. A)base Salary. Your Initial Base Salary Will Be $275,000 Per Year, and You Will Be Eligible for a Salary Review in 2022. Your Base Salary Will Be Payable on the Company’s Regular Payroll Dates. B)annual Bonus. You Will Be Eligible to Participate in the Company’s Executive Incentive Bonus Plan, With the Target Amount of Your Bonus for the 2021 Calendar Year Equal to 30% of Your Base Salary, Pro-Rated Based on the Commencement Date. The
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