2019 Base Salary and Target Bonus Information
On February 12, 2019, the Compensation Committee (the “Compensation Committee”) of our Board of Directors (the “Board”) approved base salaries (including certain increases) and target performance bonus amounts for our executive officers (other than for Martin J. Duvall, our Chief Executive Officer), each for fiscal year 2019 and, on February 14, 2019, the Board, based on the recommendation of the Compensation Committee, approved the base salary and target performance bonus amount for Mr. Duvall for fiscal year 2019. The increases in base salary are effective as of March 1, 2019. The following table sets forth the amounts approved for our named executive officers:
| Name | Title | 2019 Base Salary | 2019 Target Bonus (% of Base Salary) | ||
| Martin J. Duvall | Chief Executive Officer | $515,000 | 50% | ||
| Mark Foletta | Executive Vice President, Chief Financial Officer | $390,000 | 40% |
2018 Incentive Cash Bonus Payments
On February 12, 2019, the Compensation Committee approved 2018 incentive cash bonus payments to our executive officers (other than for Mr. Duvall) under our Annual Incentive Plan based on an assessment of both corporate and individual performance, as applicable, during 2018 and, on February 14, 2019, the Board, based on the recommendation of the Compensation Committee, approved a 2018 incentive cash bonus payment to Mr. Duvall under our Annual Incentive Plan based on an assessment of corporate performance during 2018. The 2018 cash bonuses approved for our named executive officers were as follows:
| Name | Title | 2018 Cash Bonus | |
| Martin J. Duvall | Chief Executive Officer | $270,932 | |
| Mark Foletta | Executive Vice President, Chief Financial Officer | $160,688 |