Nuvelo, Inc. 2005 Management Bonus Amounts for Named Executive Officers
This document outlines the bonus amounts awarded by Nuvelo, Inc. to its named executive officers for the 2005 fiscal year. The agreement lists the specific cash bonus amounts for four executives, including the Chairman and CEO, Senior Vice President for Research and Development, acting Chief Financial Officer, and Senior Vice President and General Counsel. The bonuses are set amounts and are tied to the officers' roles for the specified fiscal year.
Exhibit 10.61
Nuvelo, Inc.
Management Bonus Amounts for Named Executive Officers for the 2005 Fiscal Year
| Name and Title | Bonus Amount | ||
| Ted W. Love, Chairman and Chief Executive Officer | $ | 320,000 | |
| Michael D. Levy, Senior Vice President for Research and Development | $ | 225,000 | |
| Gary S. Titus, acting Chief Financial Officer, Vice President of Finance and Chief Accounting Officer | $ | 85,000 | |
| Lee Bendekgey, Senior Vice President and General Counsel | $ | 50,000 | |
