Curis, Inc. Executive Officer Compensation Disclosure (March 2005)
This document outlines the annual base salaries for the named executive officers of Curis, Inc. as of March 1, 2005. It lists the specific salary amounts for each officer and states that all are eligible to receive stock options and stock awards under the company's 2000 Stock Incentive Plan. The agreement serves as a disclosure of compensation terms for key executives, as required by SEC regulations.
Exhibit 10.12
Compensation of Named Executive Officers of Curis, Inc.
As of March 1, 2005, 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 | $360,000 | |||
| President and Chief Executive Officer | ||||
| Michael P. Gray | $225,000 | |||
| Vice President of Finance and Chief Financial Officer | ||||
| Lee L. Rubin | $310,000 | |||
| Senior Vice President of Research and Chief Scientific Officer | ||||
| Mark W. Noel | $190,000 | |||
| Vice President, Technology Management and Business Development | ||||
| Mary Elizabeth Potthoff | $185,000 | |||
| 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.
