here's yet another case of criminal execs stealing from the shareholder kitty...
"On April 6, 2006, the Company entered into a consulting agreement (the "Consulting Agreement") with Daniel G. Hall, who ceased to be employed by the Company as its Vice President, Secretary and General Counsel on March 31, 2006 and who will cease to be a non-officer employee of the Company on April 7, 2006. The Consulting Agreement provides that for the period from April 8, 2006 to April 30, 2006, Mr. Hall shall be retained as a consultant to the Company to provide services consisting of special projects relating to executive management, strategic business transactions or legal management of corporate matters at the request of the Company's chief executive officer or the board of directors. Mr. Hall shall be paid $125 per hour for telephone consultations and work performed from Mr. Hall's home or other off-site location maintained by Mr. Hall and $1,200 per day (or any part of a day) for work performed at NOVT's office or the offices of its advisors.
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You'll notice the key sickening part is that the numbnut gets paid $1200 per day (or any part of the day).. basically means the fool could come in the offices, hit the crapper, read the sports page, exit the building and get his $1200... Filthy scum bag crooks |
