Psychemedics approves 2022 cash bonus plan for execs; up to 25% of base salary

PSYCHEMEDICS CORP

Bonus up to 25% of base salary based on domestic sales plan (7.5%), EPS target (7.5%), and individual goals (10%).
Participants include CEO, Executive VP, VP Lab Ops, and VP Controller.
CEO will assess other execs' individual goals; Compensation Committee determines final payouts.
Committee reserves right to amend or terminate bonus arrangements at any time.

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