Executive Officer Base Salary Schedule Effective December 1, 2008

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists the annual base salaries for the executive officers of the company, effective December 1, 2008. It names each executive, their title, and their corresponding salary. The agreement serves as a record of compensation for the Chairman, President and CEO, CFO, Chief Medical Officer, General Counsel, and Vice Presidents of Operations and Research. There are no additional terms or conditions specified beyond the salary amounts and effective date.

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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.