Exhibit 10.31
EMPLOYMENT ARRANGEMENTS WITH
EXECUTIVE OFFICERS
Following is a description of the
employment arrangements for each of Radiant’s executive
officers. None of the executive officers has an employment
agreement with Radiant.
The following table sets forth each
executive officer’s current base salary and the cash bonus
paid by Radiant to each executive officer in 2005.
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Current Base
Salary
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2005 Cash
Bonus
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Alon Goren
Chairman of the Board and Chief
Technology Officer
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$
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250,000
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$
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132,500
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John H. Heyman
Chief Executive Officer and
Director
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300,000
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222,500
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Mark E. Haidet
Chief Financial Officer
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212,000
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100,330
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Andrew S. Heyman
Chief Operating Officer
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267,000
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209,153
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The executive officers are entitled
to all benefits generally made available to Radiant’s
employees.
Radiant’s employees, including
its executive officers, are eligible to receive stock-based
incentive compensation under Radiant’s 2005 Long-Term
Incentive Plan, a copy of which is filed as Exhibit 10.7 to
Radiant’s Annual Report on Form 10-K for the year ended
December 31, 2005.
All Radiant employees, including
executive officers, are required to sign a Confidentiality and
Non-Solicitation
