Post Up list Compensation. If the company or any of its subsidiaries should up list to a National Exchange through an initial public offering (IPO) the Officer is entitled to an appropriate market based salary in accordance with the size and performance of the business, payable in 12 equal monthly payments, on the last day of every month, plus annual bonus in line with a revised appropriate Short Term Incentive Programme (STIP), all subject to approval by the Board of Directors.
Appears in 7 contracts
Samples: Officer Employment Agreement (Quality Industrial Corp.), Officer Employment Agreement (Quality Industrial Corp.), Officer Employment Agreement (Quality Industrial Corp.)
