Delaware | 87-0361799 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
In connection with his promotion, Mr. Carmichael's annual salary will be increased to $154,000. He is also entitled to participate in the Company's incentive bonus plan and to receive all rights and benefits for which he is eligible under the Company's standard benefits and compensation plans. His employment with the Company is at-will.
There are no family relationships between Mr. Carmichael and any director or executive officer of the C ompany which would require disclosure under Item 401(d) of Regulation S-K. Other than with respect to his employment with the Company, there are no transactions between Mr. Carmichael or any of his immediate family members and the Company or any of its subsidiaries which would require disclosure under Item 404(a) of Regulation S-K.
American Technology Corporation | ||||||||
Date: October 15, 2008 | By: | /s/ Thomas R. Brown | ||||||
Thomas R. Brown | ||||||||
Chief Executive Officer | ||||||||