Biokey International Inc (BKYI)

[SeanBoy]

......On March 16, 2017, we adopted an incentive bonus plan for our
named executive officers Michael DePasquale, our Chief Executive
Office, Cecilia Welch, our Chief Financial Officer, and Mira
LaCous, our Chief Technology Officer. The plan provides for the
payment of a cash bonus equal to 10% of our net income in the
event that our 2017 revenue exceeds $5,000,000, 12% of our net
income in the event that our 2017 revenue exceeds $10,000,000,
and 15% of our net income in the event that our 2017 revenue
exceeds $12,500,000. The forgoing amount, if any, will be
allocated among our named executive officers, our other executive
officers, and certain key employees, based on the relative base
salaries of the participants......

https://marketexclusive.com/bio-key-international-inc-otcmktsbkyid-files-an-8-k-unregistered-sales-of-equity-securities/84863/