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This profile was automatically generated using 21 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 21 references found on the Internet. This information has not been verified. Learn more...
Employment History
View...View all 21 references Web References
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1. Telebyte, Inc. Stockholders Approve Merger: Financial News - Yahoo! Finance
biz.yahoo.com/bw/060721/200607 - [Cached]Published on: 7/21/2006 Last Visited: 7/22/2006
TBTIA, Inc. is wholly owned by a management buyout group consisting of Dr. Kenneth Schneider, Chairman of the Board and Chief Executive Officer of Telebyte, and Mr. Michael Breneisen, Chief Operating Officer, Chief Financial Officer and a director of Telebyte.
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Michael Breneisen, 1-631-423-3232 Ext. 426 -
2. Company - Press Releases
www.rni.net/rni-telebyte-relea - [Cached]Published on: 9/17/2001 Last Visited: 12/11/2007
"Telebyte has been a leading manufacturer of data communications equipment for copper and fiber networks since 1983," said Michael Breneisen, Telebyte's President and Chief Operating Officer. -
3. www.sec.gov
www.sec.gov/Archives/edgar/dat - [Cached]Published on: 7/18/2003 Last Visited: 7/22/2003
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------- Number of Securities Underlying Value of Unexercised Unexercised In-the-Money Options/SARs at Options/SARs at FY-End FY-End (#) ($) Exercisable/ Shares Acquired on Exercisable/ Unexercisable Name Exercise Value Realized Unexercisable (#) ($) (e) (a) (b) (c) (d) (1) - --------------------------------------------------
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------- Kenneth S. Schneider 0 0 45,000/160,000 (2) 0/0 - --------------------------------------------------
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------- Michael Breneisen 0 0 50,000/160,000 (2) 0/0 - --------------------------------------------------
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-------------------------------------------- Estimated Future Payouts Under Non-Stock Price-Based Plans --------------------------------------- Number of Performance or Shares, Other Period Units or Until Other Maturation Threshold Target Maximum Name Rights (#) Or Payout ($) ($) ($) (a) (b) (c) (d) (e) (f) - --------------------------------------------------
-------------------------------------------- Kenneth S. Schneider 0 April 16, 2010 26,667(1) 26,667(1) 26,667(1) - --------------------------------------------------
-------------------------------------------- Michael Breneisen 0 N/A 0 0 0 - --------------------------------------------------
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During 2001, TELEBYTE TECHNOLOGY INC renewed, for an additional three-year term, the employment agreement with Michael Breneisen. The employment agreement provides that Mr. Breneisen would receive a minimum salary of $100,000 per annum. During the employment period, Mr. Breneisen is entitled upon termination or expiration of the agreement under certain circumstances (including a change of control) to certain severance benefits. In order to help TELEBYTE TECHNOLOGY INC meet the challenges of cost reduction during the current worldwide economic downturn Mr. Breneisen took a voluntary, temporary, reduction in his salary beginning in February 2002.
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Michael Breneisen 38 President, Chief Operating and 1999 Financial Officer, Treasurer and Director
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Mr. Breneisen has served as President and Chief Operating Officer of the Company since January 1999 and Chief Financial Officer since January 1997. Mr. Breneisen has also served as Treasurer since March 2000. He served as Controller of TELEBYTE TECHNOLOGY INC from July 1992 to January 1999 and Vice President from January 1997 to January 1999. He was elected a Director on August 26, 2002 for a term of one year or until the next annual meeting of shareholders.
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To TELEBYTE TECHNOLOGY INC's knowledge, based solely on a review of copies of Forms 4 and 5 furnished to it and written representations that no other reports were required, during the fiscal year ended December 31, 2002, the Company's officers, directors and 10% stockholders complied with all Section 16(a) filing requirements applicable to them, except that each of Kenneth Schneider, Michael Breneisen and Jonathan Casher inadvertently failed to timely file Forms 5 in respect of a transaction involving TELEBYTE TECHNOLOGY INC's common stock effected during 2000.

