EX-10.37 3 aeti-ex1037_267.htm EX-10.37

Exhibit 10.37

Summary of Compensation For Named Executive Officers 2017*

In February 2017, the Compensation Committee of the Board of Directors established 2017 salary and target bonus applicable to our named executive officers as follows:

Named Executive |  | 2017 Base Salary($) |  |  | 2017 Target Bonus($) |
Charles M. Dauber |  |  | 350,000 |  |  |  | 175,000 |
William C. Miller |  |  | 210,000 |  |  |  | 100,000 |
Neal T. Hare |  |  | 160,000 |  |  |  | 100,000 |
James J. Steffek |  |  | 160,000 |  |  |  | 100,000 |

William Brod |  |  | 200, 000 |  |  |  | 60,000 |

In connection with the 2017 salary and target bonus established for our named executive officers, the following were awarded performance-based restricted stock units under the 2007 Employee Stock Incentive Plan:

Named Executive |  | Restricted Stock Units |
Charles M. Dauber |  |  | 80,000 |
William C. Miller |  |  | 15,000 |
William Brod |  |  | 24,911 |