Arena Pharmaceuticals Housing Allowance and Travel Reimbursement Agreement for Vincent E. Aurentz
Arena Pharmaceuticals, Inc. has agreed to provide Vincent E. Aurentz, its Executive Vice President and Chief Business Officer, with a monthly housing allowance of $7,000 from February 2018 through February 2019. Additionally, Arena will reimburse Mr. Aurentz for his airfare between North Carolina and San Diego during this period, with reimbursements made on an after-tax basis. This arrangement was approved by the company's Compensation Committee.
Exhibit 10.44
Arena Pharmaceuticals, Inc.
Summary of Housing Allowance for Vincent E. Aurentz
On January 19, 2018, the Compensation Committee of the Board of Directors of Arena Pharmaceuticals, Inc. (“Arena”) approved a housing allowance for Vincent Aurentz, Arena’s Executive Vice President and Chief Business Officer, from February 2018 through February 2019 in the amount of $7,000.00 per month. The Compensation Committee also approved the reimbursement, on an after-tax basis, of Mr. Aurentz’s airfare between North Carolina and San Diego during this same time period.
