ANY SHAREHOLDERS THINK THIS IS DESERVED?
Sam Talari – Employment Agreement – Signed 1st day of January, 2012
CEO
Compensation.
4.1 Base Salary. As compensation for Employee's services rendered hereunder, the Company shall pay to Employee a base salary at an annual rate equal to One Hundred and Two Thousand Dollars ($102,000) or Eight Thousand Five Hundred Dollars ($8,500) per month (the "Base Salary") when Company attains adequate funding. Henceforth until adequate funding, with company's ability, the Employee will be given a draw of about Four Thousand Dollars ($4,000) per month for services rendered against Employee's salary. The Base Salary shall thereafter be increased annually at the greater of (i) five percent (5%) or (ii) such other increase as may be approved by the Board of Directors. The Base Salary shall be payable to Employee on a monthly basis, in accordance with the Company's standard policies for management personnel.
On 4/1/2015, The Compensation was amended for the Company to pay to Employee a base salary at an annual rate equal to One Hundred and Eighty Thousand Dollars ($180,000) or Fifteen Thousand Dollars ($15,000) per month (the "Base Salary").
A HUNDRED YEARS FROM NOW IT WILL NOT MATTER WHAT MY BANK ACCOUNT WAS, THE SORT OF HOUSE I LIVED IN, OR THE KIND OF CAR I DROVE...BUT THE WORLD MAY BE DIFFERENT BECAUSE I WAS IMPORTANT IN THE LIFE OF A CHILD.
AI
