Expion360 adopts 2025 incentive plan with cash bonuses linked to net sales, UL certification, JV milestones

Expion360 Inc.

Net sales targets: $15M, $20M, $25M trigger cash bonus payments of 5% of base salary each for CEO, President, COO.
Joint venture completion pays CEO $100K, President $100K, COO $50K upon definitive agreement and initial funding.
Financial reporting objectives (timely SEC filings, clean audit) earn 10% of base salary for CEO.
Operational efficiency projects (CRM, app, software, security) earn 2.5% each for COO; UL certification earns 10% for President and COO.
Bonuses require maintaining minimum cash balance; executives may elect RSUs instead of cash.

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