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Re: Dead On Arrival post# 8224

Monday, 10/21/2013 9:56:58 AM

Monday, October 21, 2013 9:56:58 AM

Post# of 194672
I’d say that JM’s expertise is in the area of controlling costs, IMO he is good at that. From 1991 to 2000 it Looked like he did a lot for NTI but I’m not sure how many folks are familiar with that so I didn't mention it, here was his employment contract for 1998, 1999, 2000. He takes credit for returning them to profitability in 5 months and increased the customer base 10 fold. Many here do not like him. One on one he is fine, over the years I’ve meet with him a handful of times.

http://www.techagreements.com/agreement-preview.aspx?title=Details%20Capital%20-%20Marcelli%20Employment%20Agreement%20Dated%2012/19/97&num=138676


Oh for those that want to look he increased EBITDA to greater than 20%.

"The Bonus shall be calculated according to the table set forth in Exhibit A"

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