EX-10.4 4 electro131350_ex10-4.htm SUMMARY OF COMPENSATION ARRANGEMENTS WITH EXECUTIVE OFFICERS

EXHIBIT 10.4

SUMMARY OF COMPENSATION ARRANGEMENTS WITH EXECUTIVE OFFICERS
2012 FISCAL YEAR

Electro-Sensors, Inc. (the “Company”) currently does not have written employment agreements with its executive officers, who serve as “at-will” employees pursuant to oral arrangements with the Company. For the 2012 fiscal year, the Company’s executive officers were entitled to the base salaries set forth below.

Executive Officer and Title | 2012 Annual Base Salary
Bradley D. Slye Chairman, President, CEO and CFO | $188,010

37