Company: EHSI
Filing Date: 2025-09-02
Form Type: PRE 14A
Source: 0001437749-25-028137
Chunk: 28

Company: Elite Health Systems Inc.
Filing Date: 2025-09-02
Form: PRE 14A
Chunk 28
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 cash with no option grants, bonus or other incentives. However, we expect to utilize performance measures to align executive compensation with our performance in the future and implement bonus, option and/or other forms of incentive compensation. We believe stock options and RSUs will be an integral part of our executive compensation program, as related to company performance although not directly tied to TSR, because they provide value only if the market price of our common stock increases, and if the executive officer continues in our employment over the vesting period. These equity awards strongly align our executive officers’ interests with those of our stockholders by providing a continuing financial incentive to maximize long-term value for our stockholders and by encouraging our executive officers to continue in our employment for the long-term.

CAP and Cumulative TSR

From 2021 to 2022, our TSR decreased. Total CAP with respect to Mr. Gold also decreased during the period from $188,000 to $125,000 or 33%.

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From 2022 to 2024, our TSR increased whereas the CAP for Mr. Gold decreased to $25,000 and PEO responsibilities shifted to Dr. Jeereddi.

CAP and Net Income (Loss)

With respect to net income, we have not reached the stage of profitability. Consequently, our company does not consider net loss as a performance measure for our executive compensation program. From 2022 to 2023, and from 2023 to 2024, our net loss increased from the prior year, which was primarily due to investments in establishing a Medicare Advantage Plan. The CAP for Mr. Gold decreased during the periods presented.

All information provided above under the“Pay versus Performance”heading will not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing, except to the extent the Company specifically incorporates such information by reference.

RELATED PARTY TRANSACTIONS

Below we describe any transactions to which we have been a participant, in which the amount involved in the transaction exceeds or will exceed the lesser of $120,000 or one percent of the average of our total assets at year-end for the last two completed fiscal years and in which any of our directors, director nominees, executive officers, or holders of more than 5% of our capital stock, or any immediate family member of