Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1781

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 9B
Chunk 1781
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 in
revenue recognition policy.

38

Mr.
Ghauri’s bonus for fiscal year 2025 shall be based on total revenues and income from operations on a graduated basis. The following
table demonstrates the graduated percentage of bonus that Mr. Ghauri will be eligible to earn based on the percentage of the goal achieved.
Bonuses will be paid 60% in cash and 40% in shares of common stock valued on June 30 of the fiscal year in question The bonus shall be
calculated based on the increase in annual revenues compared to the baseline revenue. The baseline revenue for the purpose of this bonus
calculation shall be defined as the highest annual revenue achieved in any previous year beginning with Fiscal Year End June 30, 2024.
Under no circumstances shall the baseline revenue be adjusted downward, even if annual revenues in subsequent years fall below this highest
annual revenue mark.

    Allocated Bonus %

    % of Bonus

    25
    %

    50
    %

    100
    %

    125
    %

    150
    %

    175
    %

    200
    %
  
    Net revenues

    55
    %
     
    Increase in revenues

    5
    %

    10
    %

    15
    %

    20
    %

    25
    %

    30
    %

    35
    %
  
    Bonus Earned

    $
    82,500

    $
    165,000

    $
    330,000

    $
    412,500

    $
    495,000

    $
    577,500

    $
    660,000

    % of
    Bonus

    25
    %

    50
    %

    100
    %

    125
    %

    150
    %

    175
    %

    200
    %
  
    Income from Operations

    45
    %
     
    Income from Operations %

    5.0
    %

    7.5
    %

    10.0
    %

    12.5
    %

    15.0
    %

    17.5
    %

    20.0
    %
  
    Bonus Earned

    $
    67,500

    $
    135,000

    $
    270,000