EX-10.4 4 electro131350_ex10-4.htm SUMMARY OF COMPENSATION ARRANGEMENTS WITH EXECUTIVE OFFICERS

EXHIBIT 10.4

SUMMARY OF COMPENSATION ARRANGEMENTS WITH EXECUTIVE OFFICERS
2012 FISCAL YEAR

          Electro-Sensors, Inc. (the “Company”) currently does not have written employment agreements with its executive officers, who serve as “at-will” employees pursuant to oral arrangements with the Company. For the 2012 fiscal year, the Company’s executive officers were entitled to the base salaries set forth below.

 

 

  Executive Officer and Title

  2012 Annual Base Salary

  Bradley D. Slye
  Chairman, President, CEO and CFO

  $188,010

37