(e) Fiscal 2009 Base Salaries. On December 30, 2008, the Compensation Committee of the Board of Directors of MOCON, Inc. approved base salary increases for MOCON's executive officers to be effective January 1, 2009. The fiscal 2009 base salaries for MOCON's executive officers, as set forth in the table below, represent an increase of four percent over such individuals' base salaries for 2008.

                                                                              2009
Name                                        Title                          Base Salary
Robert L. Demorest       Chairman of the Board, President and Chief
                         Executive Officer                                $     273,432
Daniel W. Mayer          Executive Vice President and Chief Technical
                         Officer                                          $     206,482
Darrell B. Lee           Vice President, Chief Financial Officer,
                         Treasurer and Secretary                          $     152,498
Douglas J. Lindemann     Vice President and General Manager               $     176,036

Fiscal 2009 Incentive Pay Plan. In addition to base compensation, MOCON provides its executive officers and other employees a direct financial incentive to achieve MOCON's annual financial, earnings and other goals through the MOCON, Inc. Incentive Pay Plan, which was established pursuant to resolutions of the Compensation Committee effective January 1, 2003 and filed as an exhibit to MOCON's annual report on Form 10-K for the year ended December 31, 2002. Under the Incentive Pay Plan, annual goals are measured by MOCON's annual net income before income taxes and incentives for all the above-named executive officers. The Incentive Pay Plan contemplates that each year the Compensation Committee will establish goal amounts for MOCON's executive officers and will determine the percentage of salary at goal for MOCON's executive officers. On December 30, 2008, the Compensation Committee established these goal amounts and determined these percentages. Although the goal amounts are confidential, the 2009 percentages of salary at goal range from forty percent to sixty-five percent of 2009 base salary earned, at goal, with the actual incentive paid based on the percentage of goal achieved, up to a maximum of one hundred fifty percent. The fiscal 2009 goals and percentages of salary were set forth in resolutions approved by the Compensation Committee and are not otherwise set forth in any written agreements between MOCON and the executive officers.

Fiscal 2009 Special Performance Related Bonuses. On December 30, 2008, the Compensation Committee decided to establish a special performance related bonus arrangement for each of Messrs. Demorest, Mayer, Lee and Lindemann to further motivate these individuals to attain a certain company-related performance goal in addition to the profitability performance-related goals covered under MOCON's Incentive Pay Plan. While the specific performance goal remains confidential, if achieved, the bonuses will be in the form of an extra week of paid vacation and an all-expense paid trip for two, up to maximum amounts ranging from $10,000 to $13,000. The terms of the fiscal 2009 special performance related bonuses were set forth in resolutions approved by the Compensation Committee and are not otherwise set forth in any written agreements between MOCON and the executive officers.