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Incentive bonus opportunity

Employee Bonus Plan Agreement

Incentive bonus opportunity | Document Parties: Quinton Cardiology Systems, Inc. You are currently viewing:
This Employee Bonus Plan Agreement involves

Quinton Cardiology Systems, Inc.

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Title: Incentive bonus opportunity
Date: 3/15/2004
Industry: Medical Equipment and Supplies     Sector: Healthcare

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                                                                   EXHIBIT 10.25

 

March 21, 2003

 

Mr. Darryl Lustig, Vice President, Sales & Marketing

Burdick, Inc.

500 Burdick Parkway

Deerfield, WA 53531

 

Re:    Burdick Integration Bonus

 

Dear Darryl:

 

We are pleased to confirm your incentive bonus opportunity of $10,000 for the

achievement of the following objectives related to the integration of Burdick,

Inc. into the fold of Quinton Cardiology Systems, Inc. during 2003. Following

are the integration performance targets and financial incentives that have been

set for you:

 

-      Upgrade sales and marketing staff as appropriate to ensure ability to met

      corporate objectives and sales performance

 

-      Support Acute Care sales and integration efforts

 

-      Support international sales and integration efforts, to include aligning

      proper distribution channels; update distribution agreements

 

This incentive plan is in recognition of your ability, in your role as Vice

President Sales & Marketing, to significantly impact the success of the

integration of Quinton and Burdick. Thi


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