Cerus Corporation 2014 and 2015 Executive Officer Compensation Arrangements
This document outlines the annual base salaries and target bonus percentages for executive officers of Cerus Corporation for 2014 and 2015. It lists the names, positions, and compensation details for each executive, including the effective dates for salary changes. The agreement specifies the base salary amounts and the percentage of the previous year's salary used to calculate target bonuses for each year. This arrangement governs how executive compensation is structured for the specified years.
Exhibit 10.2
2014 and 2015 Executive Officer Compensation Arrangements
The compensation for the executive officers of Cerus Corporation regarding annual base salaries and target bonus percentages were as follows:
| Name | 2014 Annual Base Salary (1) | 2014 Targeted Bonus (as a % of 2013 Annual Base Salary) | 2015 Annual Base Salary (1) | 2015 Targeted Bonus (as a % of 2014 Annual Base Salary) | ||||||||||||
| William M. Greenman President and Chief Executive Officer | $ | 525,000 | 60 | % | $ | 560,000 | 60 | % | ||||||||
| Laurence M. Corash, M.D. Senior Vice President, Chief Scientific Officer | $ | 407,863 | 40 | % | $ | 410,000 | 40 | % | ||||||||
| Carol Moore Senior Vice President, Regulatory Affairs, Quality and Clinical | $ | 326,398 | 40 | % | $ | 336,190 | 40 | % | ||||||||
| Chrystal N. Menard Chief Legal Officer and General Counsel | $ | 301,000 | 40 | % | $ | 330,000 | 40 | % | ||||||||
| Kevin D. Green Vice President, Finance and Chief Financial Officer | $ | 313,160 | 40 | % | $ | 340,000 | 40 | % | ||||||||
| Caspar Hogeboom President, Cerus Europe and EEMEA | € | 237,059 | 40 | % | € | 244,171 | 40 | % | ||||||||
| (1) | Annual base salary was effective March 1. |
