our ability to secure approval by the U.S. Food and Drug Administration, or FDA, for our product candidates under Section 505(b)(2) of the Federal Food, Drug and Cosmetic Act, or FFDCA

EX-10.19 2 y80991exv10w19.htm EX-10.19 exv10w19
Exhibit 10.19
BASE SALARIES OF EXECUTIVE OFFICERS OF THE REGISTRANT
The following are the base salaries (on an annual basis) of the executive officers of the Company:
         
Name and Title   Base Salary(1)
Solomon S. Steiner
  $ 375,000  
Chairman, President and Chief Executive Officer
       
Gerard J. Michel
  $ 310,000  
Chief Financial Officer, Vice President Corporate Development and Treasurer
       
Alan Krasnser
  $ 305,000  
Chief Medical Officer
       
Paul Bavier
  $ 205,000  
General Counsel and Secretary
       
Erik Steiner
  $ 200,000  
Vice President, Operations
       
Roderike Pohl
  $ 200,000  
Vice President, Research
       
 
(1)   Base salaries effective December 1, 2008.