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Re: gene_genome post# 14331

Friday, 12/21/2012 4:26:06 PM

Friday, December 21, 2012 4:26:06 PM

Post# of 29204
{Following the 2012 Fiscal Year, in April 2012, the Compensation Committee determined that an adjustment to the base salaries of our Named Executive Officers would be appropriate to be competitive with the practices of comparable companies, which increased base salaries by an average of 3% (not many folks getting raises lately that I know of.) The Compensation Committee approved increases comparable to this benchmark. The base salary of Mr. Jamison was increased from $437,800 to $450,500; Mr. Reich from $258,000 to $267,000; Mr. Crouse from $235,700 to $240,000; Mr. Gilbreth from $281,900 to $287,000; and Ms. Brooks from $208,000 to $214,032.}

Since it states "Following the 2012 Fiscal Year, in April 2012..." I assume, but admit that I could be wrong, that the 3% raises were for Fiscal year 2013. I just looked at the links on the Capstone Page and can't find the entire 07/17/12 document that I quoted from last night.

Don't have time right now but will find it later for you if you don't find it first. If you do please post the link.

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