GILBERT V. LEVIN - Corporate Board Profile

Dominari Holdings Inc.

Filing Date	Source Excerpt
2006-04-28	Dr. Gilbert V. Levin founded Spherix Incorporated in 1967 and has been Chair, President and/or Chief Executive Officer since incorporation. He currently serves as Chairman of the Board and Executive Officer for Science. ... Each independent Director was paid an annual retainer of $2,000 and fees of $1,200 for each Meeting of the Board and each in-person Committee Meeting he or she attended that did not coincide with a Board Meeting. In April 2006, each of the independent Directors was granted options for 5,000 shares of Common Stock. Non-independent Directors are not paid for their services as Directors, nor do they receive options for their service as Directors. ... The Executive Committee may act on behalf of the Board of Directors on matters requiring action in the interim between meetings of the full Board. Its members during this time period were Dr. Levin, Chair; Mr. Brown, and Mr. Levin. ... The Science & Technology Committees mission is to carry out inquiries into matters in science and technology with which the Company ought to be concerned, including the Companys new science and advanced technology programs, major internal projects, interactions with academic and independent research organizations, and the acquisition of technologies. Its members during this time period were Dr. Lodder, Chair; Dr. Levin, and Dr. Vander Zanden. ... The Strategic Planning Committee uses the experience and expertise of its members to assist the Board of Directors by presenting for approval strategic long-term plans for our businesses. Its members during this time period were Mr. Cox, Chair; Dr. Levin, Mr. Levin, and Dr. Vander Zanden. ... Summary of Compensation ... Gilbert V. Levin ... 2005 ... Salary $118,000, Other Annual Compensation $7,200, All Other Compensation $3,130.
2008-04-11	Dr. Gilbert V. Levin founded Spherix Incorporated in 1967 and has served the Company in a variety of capacities since incorporation. He currently serves as Director of Science and Technology. ... The Strategic Planning Committee uses the experience and expertise of its members ... Its members during this time period were Mr. Brown, Chair; Mr. Cox, Mr. Creel, Dr. Kruger, Dr. Levin, Dr. Lodder, and Dr. Vander Zanden.
2008-09-23	Security Ownership of Certain Beneficial Owners and Management table lists Gilbert V. Levin as a beneficial owner and director.
2009-09-25	Dr. Gilbert V. Levin founded Spherix Incorporated in 1967 and served the Company in a variety of capacities from incorporation until his retirement in August 2008. He is currently Adjunct Professor in the Beyond Center of the College of Liberal Sciences, Arizona State University, and is an Honorary Professor at Cardiff University, Wales, UK. Dr. Levin previously served in the public health departments of Maryland, California, and the District of Columbia and, subsequently, as a research scientist and corporate official. Among his inventions are low-caloric sweeteners; biological nutrient removal (BNR) for municipal wastewater, rapid detection and identification of microorganisms; and the Labeled Release life detection experiment that landed on Mars in 1976 aboard NASA27s Viking Mission. He holds a Bachelor27s, Master27s, and a Ph.D., all from The Johns Hopkins University, where he also served on its Board of Trustees and presently serves on its National Advisory Council for the Whiting School of Engineering. He is not now, nor has he been for the past five years, a director of a public, for-profit company other than Spherix. Under employment agreements with Dr. Gilbert V. Levin and Mrs. M. Karen Levin, the Company27s founders, the Company has agreed to provide Dr. and Mrs. Levin each with lifetime payments of $12,500 each quarter and to fund long-term lifetime healthcare and health insurance policies following their retirements from the Company on August 14, 2008 and January 4, 2006, respectively. At December 31, 2008, the Company27s liability for both Dr. and Mrs. Levin was estimated to be $500,000 for the lifetime payments and $250,000 for funding the long-term lifetime healthcare and health insurance policies based on actuarially determined amounts. The non-current portion of these amounts is reported on the accompanying balance sheet as deferred compensation. During 2008 and 2007, the Company paid Dr. and Mrs. Levin a combined total of $123,000 and $50,000 in post-retirement benefits. In addition, Dr. Levin also received $87,000 and $125,000 in salaries during 2008 and 2007, respectively. Dr. Levin continues to serve as a member of the Board of Directors.
2010-07-15	Dr. Gilbert V. Levin founded Spherix Incorporated in 1967 and served the Company in a variety of capacities from incorporation until his retirement in August 2008. ... Director Compensation table notes Dr. Levin receives lifetime payments of $12,500 each quarter and funding for healthcare, totaling $135,000 in 2009.