Common use of Compensation; Employment Agreements Clause in Contracts

Compensation; Employment Agreements. The COMPANY has delivered to URSI an accurate schedule (Schedule 5.18) showing all officers, directors and key managers of the COMPANY (including the COMPANY's Subsidiaries), listing all employment agreements with such officers, directors and key managers and the rate of compensation (and the portions thereof attributable to salary, bonus and other compensation, respectively) of each of such persons as of (i) the Balance Sheet Date and (ii) the date hereof. The COMPANY has provided to URSI true, complete and correct copies of any employment agreements for persons listed on Schedule 5.18. Since the Balance Sheet Date there have been no increases in the compensation payable or any special bonuses to any officer, director or key manager, except as listed on Schedule 5.18.