As a result, we may be obligated to make payments to certain of our named executive officers in the event of a termination of employment or resignation in certain circumstances. We do not, however, anticipate any of our named executive officers will be terminated nor do we expect the resignation of any of our named executive officers, for good reason or otherwise, in conjunction with the Asset Sale.
Terry Barr ... Nil
Robyn Lamont ... $308,000
David Ninke ....... $295,717
Mark Ulmer ....... $398,000
But I remember somewhere in TB agmt something about a bonus on sale of asset. Have to hunt it down
Oh, and SSN is stuck with the hedges (a net $800K loss presently) and possible US Federal Income tax because it (cleverly) bought an asset cheaply and sold it for a profit (or so its said).
SSN Price at posting:
0.2¢ Sentiment: None Disclosure: Held
