Nuvelo, Inc. Base Salaries for Named Executive Officers Effective August 1, 2006

Summary

This document from Nuvelo, Inc. lists the annual base salaries for its top executives as of August 1, 2006. The named officers include the Chairman and CEO, Senior Vice President of Research and Development, Senior Vice President Legal and General Counsel, and Vice President of Finance and Chief Accounting Officer. The agreement sets out the specific salary amounts for each executive, establishing their compensation terms for the period beginning on the effective date.

EX-10.57 2 dex1057.htm BASE SALARIES FOR NAMED EXECUTIVE OFFICERS, EFFECTIVE AUGUST 1, 2006 Base Salaries for Named Executive Officers, effective August 1, 2006

Exhibit 10.57

Nuvelo, Inc. Base Salaries for Named Executive Officers Effective August 1, 2006.

 

Name and Title

   Base Salary

Ted W. Love, Chairman and CEO

   $ 650,000

Michael D. Levy, Senior Vice President Research and Development

   $ 410,000

Lee Bendekgey, Senior Vice President Legal and General Counsel

   $ 357,000

Gary S. Titus, Vice President of Finance and Chief Accounting Officer

   $ 258,750