RF Industries adopts FY2023 cash incentive plan; CEO target 75% of base salary

R F INDUSTRIES LTD

CEO cash bonus target is 75% of base salary; max 112.5%; min 0%.
Other participants targets range 25-50% of base; max 37.5-75%.
Bonuses weighted: revenue (30%), adjusted EBITDA (60%), subjective (10%).
Payment within 75 days after fiscal year end to employed participants.
Plan covers officers and senior managers; Board retains modification rights.

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