You know, I'm OK the idea of Fred making the big bucks.. To be honest, I believe he sort of deserves it. This whole idea was his "baby." It worked, he risked a substantial portion of his personal wealth on the start up operation ... good for him.
My issue is the company arbitrarily lowering MY pay (i.e. 4.a.2.b) in violation of our contract. We've taken a 20-25% pay cut (80 hr guarantee down to 60 on many jets).
Although I can manage on less pay (I'm still married to the first wife, still in my f/o house, drive old cars), it's the principal of the issue

