MARTIN NOVICK - Corporate Board Profile

SURGE COMPONENTS INC

Filing Date	Source Excerpt
2018-09-06	Martin Novick is a real estate investor and was appointed to the Board in September 2016. ... Mr. Novick’s significant experience in the electronics industry and as a director of a public company led to the conclusion that he should serve on our board. Director Compensation for Year Ending November 30, 2017 The following table summarizes the compensation for our non-employee board of directors for the fiscal year ended November 30, 2017. ... The director compensation program consisted of a monthly cash fee of $2,500 per month, with the amount increased to $3,500 per month for a non-employee director that serves as the chairman of more than two committees on the Board of Directors. Martin Novick Fees Earned or Paid in Cash ($) 30,000 Option Awards ($) - Total ($) 30,000
2019-11-04	Our executive officers and directors, and their ages, positions and offices with us are as follows: Martin Novick* (2)(3) 83 Director... Our Audit Committee is comprised of Messrs. Chariton, Plafker, Novick, Jacobs and Peter Levy, each of whom is an independent director of the Board... Our Nominating and Corporate Governance Committee is comprised of Messrs. Chariton, Plafker Novick, Peter Levy and Jacobs, each of whom is an independent director... The following table summarizes the compensation for our non-employee board of directors for the fiscal year ended November 30, 2018. Martin Novick 30,000
2020-10-30	Martin Novick is a real estate investor and was appointed to the Board in September 2016. ... Our Audit Committee is comprised of Messrs. Chariton, Plafker, Novick, Jacobs and Peter Levy, each of whom is an independent director of the Board. ... The Nominating and Corporate Governance Committee is comprised of Messrs. Chariton, Plafker Novick, Peter Levy and Jacobs, each of whom is an independent director. ... Director Compensation for Year Ending November 30, 2019 ... Martin Novick ... Total ($) 30,000.
2021-11-10	Our Audit Committee is comprised of Messrs. Chariton, Plafker, Novick, Jacobs and Peter Levy, each of whom is an independent director of the Board. Mr. Jacobs serves as chairman of the Audit Committee. Our Board has determined that Mr. Jacobs is an “audit committee financial expert” as defined in Item 407(d)(5)(ii) of Regulation S-K. The audit committee members are “independent” as that term is defined under the Nasdaq Stock Market Rules. During the fiscal year ended November 30, 2020, the Audit Committee held four meetings. The Audit Committee is authorized to: approve and retain the independent auditors to conduct the annual audit of our books and records; review the proposed scope and results of the audit; review and pre-approve the independent auditor’s audit and non-audit services rendered; approve the audit fees to be paid; review accounting and financial controls with the independent auditors and our financial and accounting staff; review and approve transactions between us and our directors, officers and affiliates; recognize and prevent prohibited non-audit services; establish procedures for complaints received by us regarding accounting matters; oversee internal audit functions; and prepare the report of the Audit Committee that SEC rules require to be included in our annual meeting proxy statement. Our Nominating and Corporate Governance Committee is comprised of Messrs. Chariton, Plafker, Novick, Peter Levy and Jacobs, each of whom is an independent director. Mr. Jacobs serves as chairman of the Nominating and Corporate Governance Committee. The Nominating and Corporate Governance Committee held one meeting during the fiscal year ended November 30, 2020.
2022-11-04	Martin Novick is a real estate investor and was appointed to the Board in September 2016. ... Our Audit Committee is comprised of Messrs. Chariton, Plafker, Novick, Jacobs and Peter Levy, each of whom is an independent director of the Board. ... The Nominating and Corporate Governance Committee is comprised of Messrs. Chariton, Plafker, Novick, Peter Levy and Jacobs, each of whom is an independent director. ... Director Compensation for Year Ended November 30, 2021: Martin Novick 33,000
2023-11-08	Martin Novick is a real estate investor and was appointed to the Board in September 2016. He served as a vice president of Audiovox Electronic Corp., an international distributor and value-added service provider in the accessory, mobile and consumer electronics industries, from 1969 to 2008. He previously served on the board of directors of Audiovox Electronic Corp., Nu Horizons Electronics Corp., a distributor of electronic components which was acquired by Arrow Electronics, Inc. (NYSE: ARW) in January 2011 and Arielle Electronics, a company that sold bluetooth and wireless products. Mr. Novick holds a Bachelor’s Degree in Marketing from New York University. Mr. Novick’s significant experience in the electronics industry and as a director of a public company led to the conclusion that he should serve on our board.