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GNTX > SEC Filings for GNTX > Form 8-K on 21-Aug-2013All Recent SEC Filings

Show all filings for GENTEX CORP

Form 8-K for GENTEX CORP


21-Aug-2013

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
                        Arrangements of Certain Officers.



(e)             On August 15, 2013, Gentex Corporation (the "Company") set Mark
                Newton's annual salary at $330,000 (effective in accordance with
                Company policies and procedures) for the increase in overall
                responsibilities related to his position as Senior Vice President
                and Corporate Secretary. In addition, Mr. Newton will also
                receive a 21,700 share stock option grant pursuant to the
                Company's shareholder approved Employee Stock Option Plan (in
                accordance with Company policies and procedures). Mr. Newton is
                an executive officer with reporting requirements under Section 16
                of the Securities Exchange Act of 1934, as amended.

Notwithstanding the foregoing, Mr. Newton does not have a written employment agreement and will continue to be an at-will employee of the Company as is the case with all employees of the Company.


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