JOSEPH I. KESSELMAN - Corporate Board Profile

SCIENTIFIC INDUSTRIES INC

Filing Date	Source Excerpt
2001-04-19	Joseph I. Kesselman (age 75) is a consultant to various corporations, and also a director of Nuclear and Environmental Protection Inc., Perrot Duval Holding S.A., Hopare S.A., and Infranor Inc. (the latter, a developer and manufacturer of servo systems). Prior to September 15, 1992, he was both Chairman and Chief Executive Officer of Greentree Software, Inc. (a developer and provider of proprietary inventory control software) and for two years thereafter he served as a consultant to Greentree Software Inc. Mr. Kesselman was first elected to the Board of Directors of the Company in 1961 and his current term as director expires at the Annual Meeting for Fiscal 2001. The Company currently pays each non-employee director a quarterly retainer of $750 and a fee of $500 for each meeting attended, plus reimbursement for out-of-pocket expenses incurred in connection with attendance of board meetings in the amount of $50 or the director's itemized expenses, whichever is greater. During the fiscal year ended June 30, 2000, the Company paid fees in the amount of $5,200 to non-employee directors.
2002-02-20	Joseph I. Kesselman (age 76), a Director since 1961, is a consultant to various corporations, and a director of Nuclear and Environmental Protection Inc., Perrot Duval Holding S.A., a Swiss public company, Hopare Holding, S.A., a Swiss holding company, and Infranor Inc., a developer and manufacturer of servo systems. Prior to November 1994, he was both Chairman and Chief Executive Officer of Greentree Software, Inc., a developer and provider of proprietary inventory control software, and during the last year of his tenure, he acted as a consultant to that company.
2002-10-17	Joseph I. Kesselman (age 77), a Director since 1961 and Chairman of the Board since August 29, 2002, is a consultant to various corporations... During fiscal 2002, the Company paid fees in the aggregate amount of $20,000 to the four non-employee Directors, Messrs. Arthur M. Borden, Joseph I. Kesselman, Roger B. Knowles and James S. Segasture.
2003-11-06	Joseph I. Kesselman (age 77), a Director since 1961 and Chairman of the Board since August 29, 2002, is a consultant to various corporations... During the year, the Board of Directors appointed Messrs. Joseph I. Kesselman and James S. Segasture as the sole members of the Company's Stock Option Committee.
2004-10-27	Joseph I. Kesselman (age 79), a Director since 1961 and Chairman of the Board since August 29, 2002... The Company's non-employee Board of Directors (currently all the Directors ) are entitled to a quarterly retainer of $750 and a fee of $500 for each meeting attended... Mr. Joseph I. Kesselman, as Chairman of the Board, has been entitled to receive in addition since March 2003 a monthly fee, which increased to $750 on February 24, 2004 from $500. During fiscal 2004, the Company paid fees in the aggregate amount of $35,000 to non-employee Directors... The Company's Stock Option Committee consists of Messrs. Joseph I. Kesselman and James S. Segasture... The Board of Directors acts as the Company's Audit Committee. Mr. Kesselman qualifies as the audit committee financial expert.
2005-11-02	Joseph I. Kesselman (age 80), a Director since 1961 and Chairman of the Board since August 29, 2002, has been for more than five years a consultant to various corporations. The Company currently pays each non-employee Director a quarterly retainer of $750 and a fee of $500 for each meeting attended, plus reimbursement for out-of-pocket expenses incurred in connection with attendance at board meetings in the amount of $50 or the Director's itemized expenses, whichever is greater. Mr. Joseph I. Kesselman, as Chairman of the Board, also receives a monthly fee of $750. During fiscal 2005, the fees to non-employee Directors aggregated $36,000.
2006-11-06	Mr. Joseph I. Kesselman (age 81) is a Class B Director (the current term of Class B Directors expires at the annual meeting with respect to the fiscal year ending June 30, 2007). ... Joseph I. Kesselman and James S. Segasture have been appointed as the sole members of the Company's Stock Option Committee to serve at the discretion of the Board and to administer the Company's 2002 Stock Option Plan ("2002 Plan"). ... The Board of Directors acts as the Company's Audit Committee. ... During fiscal 2006, the fees to non-employee Directors aggregated $44,000.
2007-10-29	Joseph I. Kesselman (age 82), a Director since 1961 and Chairman of the Board from August 2002 until his resignation in February 2006, has been for more than five years a consultant to various corporations. ... Joseph I. Kesselman and James S. Segasture have been appointed as the sole members of the Company's Stock Option Committee to serve at the discretion of the Board and to administer the Company's 2002 Stock Option Plan ("2002 Plan"). ... Grace S. Morin, Joseph I. Kesselman, and James S. Segasture have been appointed as the members of the Company's Compensation Committee to serve at the discretion of the Board and to administer the Company's Compensation policies. ... Joseph I. Kesselman 7,250 0 0 0 0 0 7,250
2008-11-03	Joseph I. Kesselman (age 83), a Director since 1961 and Chairman of the Board from August 2002 until his resignation in February 2006, has been for more than five years a consultant to various corporations. ... Board Committees ... Joseph I. Kesselman and James S. Segasture have been the sole members of the Company's Stock Option Committee ... Grace S. Morin, Joseph I. Kesselman, and James S. Segasture have been the members of the Company's Compensation Committee ... DIRECTORS' COMPENSATION ... Joseph I. Kesselman 11,000
2009-11-05	Joseph I. Kesselman (age 84), a Director since 1961 and Chairman of the Board from August 2002 until his resignation in February 2006, has been for more than five years a consultant to various corporations, including Nuclear and Environmental Protection Inc. and Hopare Holding, S.A. (a Swiss company), both companies of which he has been a director, and Perrot Duval Management, S.H. (a Swiss management company).
2010-12-07	Joseph I. Kesselman (age 85), a Director since 1961... Joseph I. Kesselman and James S. Segasture have been the sole members of the Company's Stock Option Committee... Grace S. Morin, Joseph I. Kesselman, and James S. Segasture have been the members of the Company's Compensation Committee... DIRECTORS' COMPENSATION... Joseph I. Kesselman 11,000 0 0 0 0 0 11,000