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Re: Ilbedem post# 265294

Wednesday, 08/01/2018 12:29:36 PM

Wednesday, August 01, 2018 12:29:36 PM

Post# of 290030
Executive Compensation Details

this is from the Proxy back in August of '17, starting on page 13 it shows all bonuses, options, stocks and all other compensation for the Insiders.

basic language for DP, Nahass, kvv, james - the others signed on after.

"The option is in consideration of the services to be rendered, which shall vest and become exercisable with respect to one-twelfth (1/12) each quarter until the option is one hundred percent (100%) vested."

"Our compensation policy is designed to attract and retain qualified key executive officers critical to our achievement of reaching and maintaining profitability and positive cash flow..."

"The Compensation Committee believes that the most effective executive compensation program is one that is designed to reward the achievement of our specific annual, short-term and long-term goals, and which aligns executives’ interests with those of the stockholders by rewarding performance that meets or exceeds established goals, with the ultimate objective of improving stockholder value..."

"It is the objective of the Compensation Committee to have a portion of each executive officer’s compensation contingent upon our performance as well as upon the individual’s personal performance. Accordingly, each executive officer’s compensation package is comprised of two elements: (i) base salary, which reflects individual performance and expertise and (ii) bonus and long-term equity incentive awards, which are tied to the achievement of certain performance goals that the Compensation Committee establishes from time to time..."

Lots of good stuff on the proxy.

https://www.sec.gov/Archives/edgar/data/1451512/000147793217004030/trtc_def14a.htm


business is blüming!!!

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