Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1159

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 6
Chunk 1159
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 %

    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

    $
    337,500

    $
    405,000

    $
    472,500

    $
    540,000

    Total Bonus

    $
    150,000

    $
    300,000

    $
    600,000

    $
    750,000

    $
    900,000

    $
    1,050,000

    $
    1,200,000

Perquisites
and Other Personal Benefits 

We
provide named executive officers with perquisites and other personal benefits that we believe are reasonable and consistent with our
overall compensation program to better enable the Company to attract and retain superior employees for key positions. The Compensation
Committee periodically reviews the level of perquisites and other personal benefits provided to NETSOL’s executive officers.

We
maintain benefits and perquisites that are offered to all employees, including health and dental insurance. Benefits and perquisites
may vary in different country locations and are consistent with local practices and regulations.

Termination
Based Compensation 

Upon
termination of employment, all executive officers with a written employment agreement are entitled to receive severance payments under
their employment agreements. In determining whether to approve, and as part of the process of setting the terms of, such severance