Curis, Inc. Executive Officer Compensation Disclosure (March 2007)
This document outlines the annual base salaries for the named executive officers of Curis, Inc. as of March 2, 2007. The officers include the President and CEO, COO and CFO, and two Vice Presidents. In addition to their salaries, these executives are eligible for stock options and stock awards under the company's 2000 Stock Incentive Plan. The agreement provides transparency regarding executive compensation and incentive eligibility.
Exhibit 10.23
Compensation of Named Executive Officers of Curis, Inc.
As of March 2, 2007, following are the base salaries, on an annual basis, of the named executive officers (as defined in Item 402(a)(3) of Regulation S-K) of Curis, Inc.:
| Daniel R. Passeri | $ | 300,000 | |
| President and Chief Executive Officer | |||
| Michael P. Gray | $ | 285,000 | |
| Chief Operating Officer and Chief Financial Officer | |||
| Mark W. Noel | $ | 200,000 | |
| Vice President, Technology Management and Business Development | |||
| Mary Elizabeth Potthoff | $ | 200,000 | |
| Vice President, General Counsel | |||
In addition, each of the named executive officers listed above is eligible to receive stock options and stock awards under the 2000 Stock Incentive Plan of Curis, Inc.
