1. Budget Plan for Payroll Payroll based on assumptions Building is being rented All employees have degrees Each dept. has 12 employees Salaries based on average pay for specific employee in Bergen County

2. Chief Officers CEO- $600,000 CIO- $205,000 CFO- $283,000

3. SAP/IT Department 1 IT Operations Manager- $94,500 1 SAP Systems Analyst- $93,500 1 Director of OT- $90,000 9 SAP/IT Analysts- $85,000 Total SAP/IT Payroll- $1,043,000

4. Finance Department 1 Budget Director- $88,000 1 Director of Finance- $89,000 1 VP of Finance- $120,000 9 Financial Analysts- $52,000 Total Finance Payroll- $765,000

5. Marketing Department 1 VP of Marketing- $119,000 3 Marketing Directors- $82,500 8 Marketing Analysts- $71,400 Total Marketing Payroll- $2,080,100

6. R & D Department 1 Director of R&D- $143,000 1 Ass. Director of Manufacturing- $100,000 1 Ass.Director of Research-$100,000 9 R&D Analysts- $49,600 Total R&D Payroll- $789,400

7. Human Resources Dept. 1 VP of HR- $160,000 1 Director of Personnel- $90,000 1 Recruiting Director- $80,000 1 Benefits Manager- $86,000 8 HR Analysts- $75,000 Total HR Payroll- $1,016,000

8. Risk Reduction Dept. 1 Director of Licensing- $80,000 1 Director of Business Dev.- $80,000 10 Risk Analysts- $44,000 Total Risk Reduction Payroll- $600,000

9. Total Projected Payroll $7,381,500