Attached files
file | filename |
---|---|
S-1 - FORM S-1 - ADS Tactical, Inc. | y03683sv1.htm |
EX-3.1 - EX-3.1 - ADS Tactical, Inc. | y03683exv3w1.htm |
EX-3.2 - EX-3.2 - ADS Tactical, Inc. | y03683exv3w2.htm |
EX-10.2 - EX-10.2 - ADS Tactical, Inc. | y03683exv10w2.htm |
EX-10.3 - EX-10.3 - ADS Tactical, Inc. | y03683exv10w3.htm |
EX-10.1 - EX-10.1 - ADS Tactical, Inc. | y03683exv10w1.htm |
EX-10.8 - EX-10.8 - ADS Tactical, Inc. | y03683exv10w8.htm |
EX-23.2 - EX-23.2 - ADS Tactical, Inc. | y03683exv23w2.htm |
EX-21.1 - EX-21.1 - ADS Tactical, Inc. | y03683exv21w1.htm |
EX-10.7 - EX-10.7 - ADS Tactical, Inc. | y03683exv10w7.htm |
EX-10.13 - EX-10.13 - ADS Tactical, Inc. | y03683exv10w13.htm |
EX-10.12 - EX-10.12 - ADS Tactical, Inc. | y03683exv10w12.htm |
EX-10.11 - EX-10.11 - ADS Tactical, Inc. | y03683exv10w11.htm |
EX-10.14 - EX-10.14 - ADS Tactical, Inc. | y03683exv10w14.htm |
EX-10.10 - EX-10.10 - ADS Tactical, Inc. | y03683exv10w10.htm |
EX-10.15 - EX-10.15 - ADS Tactical, Inc. | y03683exv10w15.htm |
EX-10.16 - EX-10.16 - ADS Tactical, Inc. | y03683exv10w16.htm |
Exhibit 10.9
Special Operations Equipment Solutions |
January 14, 2010
To:
|
Bruce Dressel | |
From:
|
Dan Clarkson/Luke Hillier | |
Re:
|
2010 Compensation Plan Details |
Bruce:
Below are the details for your 2010 Executive Compensation Plan. This plan goes into
effect January 1, 2010.
Annual Base Salary
$12,115.39 paid bi-weekly, annualizes to $315,000
$12,115.39 paid bi-weekly, annualizes to $315,000
Annual Bonus Opportunity
$218,960
$218,960
Bonuses will be paid as a combination of quarterly achievement bonuses and a year-end EBITDA bonus.
| Quarterly Bonus Goal: $65,000 $16,250/quarter | ||
| Year-End EBITDA Bonus Goal: $153,960 (at 100% EBITDA) |
o | Please note, there will be no cap to the EBITDA portion of this bonus plan. Should the company surpass its EBITDA goal, bonus payout will multiply by the same percentage at which this goal is exceeded. (i.e., if company EBITDA exceeds plan by 20%, the EBITDA bonus target will be 120% of stated bonus goal) |
Total Target Earnings
$533,960
$533,960
This compensation plan is subject to change at the sole discretion of the company. Please be
advised that business needs may require occasional shifts in goals, territories, and personnel.
Compensation information is private and confidential and for your sole use. Any employee found to
be sharing compensation information may be subject to disciplinary action up to and including
termination. This document in no way implies a contract for continued
employment. Employment with
ADS is At-Will.
/s/ Luke Hillier
|
/s/ Bruce Dressel | |||||
Luke Hillier
|
date | Bruce Dressel | date |