VerifyMe (VRME) has issued an announcement.
VerifyMe, Inc. has launched a new short term incentive plan offering attractive cash bonuses to its employees, including top executives like CFO Nancy Meyers and EVP Curt Kole. Bonuses are linked to individual and company performance, with the potential for significant upward adjustments based on revenue targets. Additionally, CEO Adam Stedham now has the flexibility to receive his bonus in cash or company stock, adding a versatile twist to executive compensation. Details of the plan will be disclosed in the upcoming quarterly report.
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