Named Executive Officer Compensation Disclosure for 2015–2016

Summary

This document outlines the compensation details for several named executive officers, including the President & CEO, Executive Vice Presidents, and Senior Vice Presidents. It specifies each officer's base salary, the bonus awarded for 2015, and the target bonus as a percentage of salary for 2016. The agreement provides transparency regarding executive pay but does not impose additional obligations or conditions beyond disclosure.

EX-10.1 2 exhibit1.htm EX-10.1 EX-10.1

Exhibit 10.1

Compensation Information for Named Executive Officers

Robert Blum, President & CEO: base salary $595,000; 2015 bonus award $310,500; 2016 target bonus 60% of salary.

Sharon Barbari, Exec. Vice President, Finance & CFO: base salary $412,798; 2015 bonus award $144,983; 2016 target bonus 40% of salary.

Bonnie Charpentier, Sr. Vice President, Regulatory Affairs & Compliance: base salary $318,270; 2015 bonus award $95,983; 2016 target bonus 35% of salary.

David Cragg, Sr. Vice President, Human Resources: base salary $308,202; 2015 bonus award $92,903; 2016 target bonus 35% of salary.

Fady Malik, Exec. Vice President, Research and Development: base salary $449,694; 2015 bonus award $157,941; 2016 target bonus 40% of salary.