EXHIBIT 10.10
TECHNOLOGY DEVELOPMENT INCENTIVE PLAN
Purpose: To provide a method in which the company can stimulate - -------
and encourage novel innovative technology development
and to provide a means by which to determine and
measure the parameters under which compensation will be
awarded.
Participation: Any employee of the company who is determined to be the - -------------
inventor or co-inventor of novel technology which
results in new revenues generated for, or by, the
company which the company would not already have a
right to receive (i.e. Development of any sort of a
project which the company is obligated to perform
through a prior negotiated contract [contract research
or manufacturing] would not result in Technology
Incentive Compensation (TIC). ...
*End of Preview*
Click the 'Add to Cart' button to download the complete and formatted agreement.