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Effective May 26, Purcell will receive an annual base salaryof $180,000, SEC filingsz said. He also has been granted stock option to purchase a totalpof 25,000 shares of Aerosonic common stock and will receives four weeks of paid vacation each In addition, Purcell is eligible to earn a performancer bonus of up to $63,000, 35 percentr of his annual base salary, in cash, stock or othetr equity compensation based on targets determined by the Beginning July 1, Purcell will be entitlex to receive fringe benefitds and employee benefit plans, filings Previously, Purcell was vice president and chief financia l officer at (NASDAQ: HRLY) and vice presidentg of finance, contracts and compliancs at .
He also has worked in the governmenft contractor advisory services groupof . A certified public accountant and certifiedcmanagement accountant, Purcell received his bachelof of business administration degree in financial accountinf at in New Rochelle, and holds an MBA from in Los Angeles, a release Founded in 1953, Aerosonic is a manufacturer of aviation productsa for commercial, business and militarty aircraft. The company also has offices in Clearwateand Earlysville, Va.
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