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Re: SteveF post# 43029

Friday, 05/21/2010 8:52:09 AM

Friday, May 21, 2010 8:52:09 AM

Post# of 312030
No. That is only his term of employment - how long he has his title. He doesn't get his pay until...

In consideration of the services to be rendered hereunder, the Company hereby agrees to pay the Executive an annual base salary of $180,000, commencing the date the Company receives full DEC approval.

So pay commences after approval. And I read nothing about retroactive pay. So no.