Company: ZRCN
Filing Date: 2025-09-10
Form Type: 10-K
Source: 0001641172-25-027037
Chunk: 476

Company: ZRCN Inc.
Filing Date: 2025-09-10
Form: 10-K
Item: Item 1C
Chunk 476
---
—  
     —  
     4,000  
     370,996 

    Ronald Bourque, 
    2025  
     72,792  
     —  
     —  
     178,815  
     —  
     —  
     -  
     251,607 
  
    Former President & CFO 
    2024  
     285,288  
     —  
     —  
     —  
     —  
     —  
     4,000  
     289,288 

    Jeff Parsons 
    2025  
     250,000  
     —  
     —  
     36,400  
     —  
     —  
     -  
     286,400 
  
    Chief Financial Officer 
    2024  
     -  
     —  
     —  
     —  
     —  
     —  
        
     - 

    Robert Wyler, 
    2025  
     241,879  
     —  
     —  
     117,110  
     —  
     —  
     —  
     358,989 
  
    Corporate Counsel and Secretary 
    2024  
     241,879  
     —  
     —  
     —  
     —  
     —  
     —  
     241,879 

Narrative
Disclosure to Summary Compensation Table

On
October 1, 2012, Zircon Corporation (the” Company”) and John R. Stauss (the “Executive”) entered into an Employment
Agreement (“Agreement”). The Agreement established an annual Base Salary of not less than $300,000 paid in periodic installments
in accordance with the Company’s regular payroll practices. The Agreement also provides for a bonus equal to 20% of net income
based on revenue and profitability targets as set forth in the Company’s Business Plan. The performance bonus is calculated and
paid on a quarterly basis. Under the terms of the Agreement, Mr. Stauss was paid $43,031 in October 2023 for the performance results
through the quarter