Ocata Therapeutics Inc fka OCAT

[ddls]

Pursuant to the Agreement, Mr. Myles will receive an annual base salary of $360,000 and will serve as the Company’s Chief Operating Officer and Chief Financial Officer. Mr. Myles will be eligible to receive an annual cash incentive bonus with a target amount equal to 35% of his annual base salary. The actual amount of the performance bonus will be determined by the Company’s board of directors, and may be more or less than the target amount. Mr. Myles will also be entitled to continue to participate in the benefits and insurance programs generally available to all Company employees.
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And the investor flocking continues. Base Salary $360,000 ????????