To assure that the goals of the Company's new officers are aligned with those of the Board of Directors, it has offered them equity compensation as part of their employment packages. Dr. Leiderman has been granted options to purchase up to 1.2% of the company's outstanding shares; Mr. Hania has been granted options to purchase up to 1%; and Dr. Ben Eshay has been granted options to purchase up to 0.5%.In addition, in evaluating Mr. Ayzik's contribution, the Company has approved an additional retirement package, which includes three months' salary (in addition to his contractual three months' adjustment period) and an extension of Mr. Ayzik's vested options until the end of March 2014.
RiT Announces Changes In Management Team Aimed At Taking Company To A Whole New Level
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