VerifyMe approves short-term bonus plan for CFO and EVP; CEO bonus now payable in cash or stock

VerifyMe, Inc.

Compensation Committee approved a short-term incentive cash bonus plan for most employees, including CFO Nancy Meyers and EVP Curt Kole.
CFO Meyers eligible for up to 15% of base salary; EVP Kole eligible for up to 6% of base salary, with upward adjustments possible.
Bonus based 50% on Adjusted EBITDA target and 50% on revenue target; bonus can increase up to 150% if revenue exceeded.
CEO Adam Stedham's annual bonus can now be paid at his discretion in cash or common stock based on 30-day VWAP.

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