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