|
||||||||||||||||||||||||||
| SEC Info℠ | | | Home | | | Search | | | My Interests | | | Help | | | Sign In | | | Please Sign In | |||||||
|
||||||||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 8/25/20 Electromed, Inc. 10-K 6/30/20 69:4.7M American Fin’l P… Inc/FA |
Document/Exhibit Description Pages Size
1: 10-K Form 10-K for the Fiscal Year Ended June 30, 2020 HTML 414K
2: EX-10.21 Description of Fiscal Year 2021 Officer Bonus Plan HTML 21K
3: EX-23.1 Consent of Independent Registered Public HTML 18K
Accounting Firm
4: EX-24.1 Powers of Attorney HTML 29K
5: EX-31.1 Certification Pursuant to Section 302 of the HTML 24K
Sarbanes-Oxley Act of 2002
6: EX-31.2 Certification Pursuant to Section 302Of the HTML 24K
Sarbanes-Oxley Act of 2002
7: EX-32.1 Certification Pursuant to Section 906 of the HTML 19K
Sarbanes-Oxley Act of 2002
8: EX-32.2 Certification Pursuant to Section 906 of the HTML 20K
Sarbanes-Oxley Act of 2002
15: R1 Cover HTML 57K
16: R2 Balance Sheets HTML 101K
17: R3 Balance Sheets (Parenthetical) HTML 30K
18: R4 Statements of Operations HTML 85K
19: R5 Statements of Shareholders' Equity HTML 55K
20: R6 Statements of Cash Flows HTML 107K
21: R7 Nature of Business and Summary of Significant HTML 113K
Accounting Policies
22: R8 Revenues HTML 80K
23: R9 Inventories HTML 32K
24: R10 Property and Equipment HTML 43K
25: R11 Finite-life Intangible Assets HTML 39K
26: R12 Financing Arrangements HTML 22K
27: R13 Common Stock HTML 21K
28: R14 Share-Based Payments HTML 78K
29: R15 Income Taxes HTML 79K
30: R16 Leases HTML 29K
31: R17 Commitments and Contingencies HTML 23K
32: R18 Nature of Business and Summary of Significant HTML 158K
Accounting Policies (Policies)
33: R19 Nature of Business and Summary of Significant HTML 93K
Accounting Policies (Tables)
34: R20 Revenues (Tables) HTML 58K
35: R21 Inventories (Tables) HTML 32K
36: R22 Property and Equipment (Tables) HTML 41K
37: R23 Finite-life Intangible Assets (Tables) HTML 40K
38: R24 Share-Based Payments (Tables) HTML 79K
39: R25 Income Taxes (Tables) HTML 81K
40: R26 Leases (Tables) HTML 27K
41: R27 Nature of Business and Summary of Significant HTML 25K
Accounting Policies (Details)
42: R28 Nature of Business and Summary of Significant HTML 113K
Accounting Policies (Details 1)
43: R29 Nature of Business and Summary of Significant HTML 45K
Accounting Policies (Details Narrative)
44: R30 Revenues (Details) HTML 35K
45: R31 Revenues (Details 1) HTML 33K
46: R32 Revenues (Details Narrative) HTML 20K
47: R33 Inventories (Details) HTML 31K
48: R34 Property and Equipment (Details) HTML 45K
49: R35 Property and Equipment (Details Narrative) HTML 20K
50: R36 Finite-life Intangible Assets (Details) HTML 27K
51: R37 Finite-life Intangible Assets (Details 1) HTML 35K
52: R38 Finite-life Intangible Assets (Details Narrative) HTML 26K
53: R39 Financing Arrangements (Details Narrative) HTML 40K
54: R40 Common Stock (Details Narrative) HTML 26K
55: R41 Share-Based Payments (Details) HTML 34K
56: R42 Share-Based Payments (Details 1) HTML 68K
57: R43 Share-Based Payments (Details 2) HTML 43K
58: R44 Share-Based Payments (Details Narrative) HTML 58K
59: R45 Income Taxes (Details) HTML 41K
60: R46 Income Taxes (Details 1) HTML 34K
61: R47 Income Taxes (Details 2) HTML 40K
62: R48 Income Taxes (Details 3) HTML 23K
63: R49 Income Taxes (Details Narrative) HTML 22K
64: R50 Leases (Details) HTML 31K
65: R51 Leases (Details Narrative) HTML 41K
66: R52 Commitments and Contingencies (Details Narrative) HTML 24K
68: XML IDEA XML File -- Filing Summary XML 117K
67: EXCEL IDEA Workbook of Financial Reports XLSX 70K
9: EX-101.INS XBRL Instance -- elmd-20200630 XML 1.31M
11: EX-101.CAL XBRL Calculations -- elmd-20200630_cal XML 173K
12: EX-101.DEF XBRL Definitions -- elmd-20200630_def XML 386K
13: EX-101.LAB XBRL Labels -- elmd-20200630_lab XML 815K
14: EX-101.PRE XBRL Presentations -- elmd-20200630_pre XML 648K
10: EX-101.SCH XBRL Schema -- elmd-20200630 XSD 108K
69: ZIP XBRL Zipped Folder -- 0000897101-20-000703-xbrl Zip 113K
Exhibit 10.21
Fiscal Year 2021 Officer Bonus Plan
The Personnel and Compensation Committee of the Board of Directors of Electromed, Inc. (the “Company”) has established the Fiscal Year 2021 Officer Bonus Plan (the “Bonus Plan”) for officers of the Company, including its named executive officers. The Bonus Plan is effective for the fiscal year ending June 30, 2021 and provides an opportunity for each participant to earn an annual cash bonus based on Company revenue growth versus the fiscal year ended June 30, 2020 (subject to achievement of threshold earnings before taxes (“EBT”). The committee has established target payouts of 50.0% and 30.0% of annual base salary for our Chief Executive Officer and Chief Financial Officer, respectively, under the Bonus Plan. The following summarizes the potential payments under the Bonus Plan:
| ● | Company revenue growth below minimum performance will not result in any payouts under the Bonus Plan. |
| ● | Company revenue growth between minimum and target performance will result in a potential bonus payout starting at 40.0% and increasing in increments of 10.0% of the participant’s respective target payout for every whole percent of revenue growth in excess of minimum performance. |
| ● | Company revenue growth equal to target performance will result in a potential bonus payout equal to 100.0% of the participant’s respective target payout. |
| ● | Company revenue growth above target performance will result a potential bonus payout equal to 100.0% of the participant’s respective target payout, plus additional increments of 8.0% of their target payout for every whole percent of revenue growth in excess of target performance up to 200% of target payout, and additional increments of 4.0% of their target payout for every whole percent of revenue growth in excess of 200% of target performance, up to a maximum of 272% of target payout. |
Notwithstanding the foregoing, Company revenue growth also will not result in any payout unless EBT also exceeds an established threshold amount. Company revenue growth at or above minimum performance will only increase the resulting payout as a percent of target if EBT also exceeds an amount equal to the threshold EBT amount plus an additional increment of approximately 10.5% of threshold EBIT for every whole percent of revenue growth in excess of minimum performance.
C:
| This ‘10-K’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| 6/30/21 | 10-K | |||
| Filed on: | 8/25/20 | 4, 8-K | ||
| For Period end: | 6/30/20 | |||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 8/24/21 Electromed, Inc. 10-K 6/30/21 66:3.7M American Fin’l P… Inc/FA |