Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.3.1.900
Subsequent Events
3 Months Ended
Dec. 27, 2015
Subsequent Events [Abstract]  
Subsequent Events

Note 11 Subsequent Events

 

On January 21, 2016, the Optex Systems Board of Directors Compensation Committee held a meeting and approved the following compensation changes:

· A base salary increase of 10% for Danny Schoening, CEO, and Karen Hawkins, CFO.
· A bonus payment of $7.5 thousand awarded to Karen Hawkins for 2015 performance.
· A $10 thousand monthly director fee for Peter Benz, Chairman, effective for calendar 2016.