Attached files
| file | filename |
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| 8-K - 8-K - Pernix Group, Inc. | a12-3832_18k.htm |
| EX-10.2 - EX-10.2 - Pernix Group, Inc. | a12-3832_1ex10d2.htm |
EXHIBIT 10.1
Employee Stock Option Grants
On January 26, 2012, the Compensation Committee of the Pernix Group, Inc. Board of Directors approved, the employee stock option grants in the amount and upon the terms and conditions set forth below.
General Terms of Grant:
· Form of grant: Stock option awards for executive officers and key executives.
· Term and vesting of stock options: The stock option grants vest equally over a 5 year period and have a 10 year term.
· Grant date: January 26, 2012.
· Exercise Price for Stock Options: To be determined based on fair market value.
· Number of stock options and performance shares:
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Stock Options |
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Nidal Z. Zayed, President and CEO |
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60,000 |
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Gregg D. Pollack, Vice President - Administration and Chief Financial Officer |
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— |
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35,000 |
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Jim Rice, Vice President — Construction |
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— |
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35,000 |
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Scott Finch, Vice President — Finance and Corporate Strategy |
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— |
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22,500 |
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Carol J. Groeber - Corporate Controller and Principal Accounting Officer |
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— |
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22,500 |
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