2006 Executive Officer Cash Compensation Arrangements for Conor Medsystems, Inc.

Summary

This document outlines the cash compensation arrangements for executive officers of Conor Medsystems, Inc. It lists the 2005 cash bonuses awarded and the 2006 annual base salaries for the CEO, CFO, COO, and CTO. The base salaries are effective as of March 1, 2006. The agreement provides transparency regarding the compensation structure for the company's top executives.

EX-10.33 2 dex1033.htm 2006 EXECUTIVE OFFICER CASH COMPENSATION ARRANGEMENTS 2006 Executive Officer Cash Compensation Arrangements

Exhibit 10.33

COMPENSATION INFORMATION FOR EXECUTIVE OFFICERS

The table below provides information regarding the 2005 cash bonus awarded to, and the 2006 annual base salary of, each executive officer of Conor Medsystems, Inc.

 

Executive Officer

   2005 Cash Bonus    2006 Annual Base Salary1

Frank Litvack, CEO

   $ 190,000    $ 350,000

Michael Boennighausen, CFO

   $ 100,000    $ 235,000

Azin Parhizgar, COO

   $ 110,000    $ 260,000

Jeff Shanley, CTO

   $ 100,000    $ 230,000

1 Effective as of March 1, 2006.

 

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