Send us Feedback

Rick's Cabaret International (RICK)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

RICK » Topics » Compensation and Benefits During the Employment Term.

This excerpt taken from the RICK 8-K filed Jun 1, 2009.
              Compensation and Benefits During the Employment Term.

 
(a)
Salary.  Commencing upon the date of this Agreement, Executive will be paid an annual base salary of $200,000, payable bi-weekly (the "Salary").  At any time and from time to time the Salary may be increased for the remaining portion of the term if so determined by the Compensation Committee of the Board of Directors of the Company after a review of Executive's performance of his duties hereunder.

 
(b)
Bonus.  As further compensation, Executive will be eligible for bonuses as determined from time to time by the Compensation Committee of the Board of Directors of the Company.
 
Employment Agreement - Page 1
 
 
 
 

 
(c)
Expenses. Upon submission of a detailed statement and reasonable documentation, Company will reimburse Executive in the same manner as other executive officers for all reasonable and necessary or appropriate out-of-pocket travel and other expenses incurred by Executive in rendering services required under this Agreement.

 
(d)
Benefits;  Insurance.

 
(i)
Medical, Dental and Vision Benefits.  During this Agreement, Executive and his dependents will be entitled to receive such group medical, dental and vision benefits as Company may provide to its other executives, provided such coverage is reasonably available, or be reimbursed if Executive is carrying his own similar insurance.

 
(ii)
Benefit  Plans.  The Executive will be entitled to participate in any benefit plan or program of the Company which may currently be in place or implemented in the future.

 
(iii)
Other Benefits.  During the Term, Executive will be entitled to receive, in addition to and not in lieu of base salary, bonus or other compensation, such other benefits and normal perquisites as Company currently provides or such additional benefits as Company may provide for its executive officers in the future.

 
(e)
Vacation.  Executive will be entitled to two weeks paid vacation each year of this Agreement.

5.              
This excerpt taken from the RICK 8-K filed Apr 21, 2008.
4.            Compensation and Benefits During the Employment Term.
 
 
(a)
Salary.  Commencing upon the date of this Agreement, Executive will be paid an annual base salary of $250,000.00, payable bi-weekly (the "Salary").  At any time and from time to time the Salary may be increased for the remaining portion of the term if so determined by the Board of Directors of Company after a review of Executive's performance of his duties hereunder.
 
 
(b)
Bonus.  As further compensation, Executive will be eligible for bonuses as determined from time to time by the Board of Directors.

 
 
 

 
(c)
Expenses.  Upon submission of a detailed statement and reasonable documentation, Company will reimburse Executive in the same manner as other executive officers for all reasonable and necessary or appropriate out-of-pocket travel and other expenses incurred by Executive in rendering services required under this Agreement.
 
 
(d)
Benefits;  Insurance.
 
 
(i)
Medical, Dental and Vision Benefits.  During this Agreement, Executive and his dependents will be entitled to receive such group medical, dental and vision benefits as Company may provide to its other executives, provided such coverage is reasonably available, or be reimbursed if Executive is carrying his own similar insurance.
 
 
(ii)
Benefit  Plans.  The Executive will be entitled to participate in any benefit plan or program of the Company which may currently be in place or implemented in the future.
 
 
(iii)
Other Benefits.  During the Term, Executive will be entitled to receive, in addition to and not in lieu of base salary, bonus or other compensation, such other benefits and normal perquisites as Company currently provides or such additional benefits as Company may provide for its executive officers in the future.
 
 
(e)
Vacation.  Executive will be entitled to two weeks paid vacation each year of this Agreement.
 

EXCERPTS ON THIS PAGE:

8-K
Jun 1, 2009
8-K
Apr 21, 2008

RELATED TOPICS for RICK:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki