Common use of CASH AND OTHER COMPENSATION Clause in Contracts

CASH AND OTHER COMPENSATION. Section 4(a) of the Employment Agreement shall be amended by adding the following sentence at the end thereof: Notwithstanding the foregoing, the parties acknowledge and agree that Executive’s Base Salary for the fiscal year beginning January 1, 2008 shall be determined by the Compensation Committee of KBNT’s board of directors, but in no event shall such Base Salary be less than $206,000 nor more than $216,300.

CASH AND OTHER COMPENSATION. Section 4(a) of the Employment Agreement shall be amended by adding the following sentence at the end thereof: Notwithstanding the foregoing, the parties acknowledge and agree that Executive’s Base Salary for the fiscal year beginning January 1, 2008 shall be determined by the Compensation Committee of KBNT’s board of directors, but in no event shall such Base Salary be less than $206,000 422,300 nor more than $216,300443,415.