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Note 17 - Subsequent Events
9 Months Ended
Sep. 30, 2015
Notes to Financial Statements  
Subsequent Events [Text Block]
17. Subsequent Events
 
On October 1, 2015, the Company entered into at-will employment agreements with each of the Company’s executive officers. Under each employment agreement, in addition to the executive’s annual base salary, the executive is entitled to participate in the Company’s incentive compensation programs applicable to executive officers of the Company. The executives are also eligible to participate in all health benefits, insurance programs, pension and retirement plans and other employee benefit and compensation arrangements. Each executive is also provided with other benefits as set forth in his employment agreement. In the event of a termination without “cause” or a “constructive termination” of the Company’s executive officers (as defined in their respective employment agreements), the Company could be liable for estimated severance payments of up to $6.2 million for Mr. Sartini, $1.8 million for Stephen A. Arcana, and $1.6 million for Mr. Flandermeyer (assuming each officer’s respective annual salary, target bonus opportunity and health benefit costs as of October 1, 2015 are the amounts in effect at the time of termination and excluding potential expense related to acceleration of stock options)
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