2013 Bonus and 2014 Compensation Terms for Named Executive Officers

Summary

This document outlines the 2013 bonus awards and 2014 compensation details for the company's named executive officers, including the President & CEO, Executive Vice President & CFO, and several Senior Vice Presidents. It specifies each executive's base salary, the bonus awarded for 2013, and the target bonus for 2014 as a percentage of their salary. The agreement sets clear compensation expectations for the upcoming year.

EX-10.1 2 d684315dex101.htm EX-10.1 EX-10.1

Exhibit 10.1

2013 Bonus and 2014 Compensation Information for Named Executive Officers

Robert Blum, President & CEO: base salary $555,000; 2013 bonus award $249,750; 2014 target bonus 60% of salary.

Sharon Barbari, Exec. Vice President, Finance & CFO: base salary $402,730; 2013 bonus award $140,760; 2014 target bonus 40% of salary.

David Cragg, Sr. Vice President, Human Resources: base salary $286,340; 2013 bonus award $75,060; 2014 target bonus 35% of salary.

Fady Malik, Sr. Vice President, Research and Early Development: base salary $390,500; 2013 bonus award $98,513; 2014 target bonus 35% of salary.

Andrew Wolff, Sr. Vice President, Clinical Research and Development and Chief Medical Officer: base salary $388,000; 2013 bonus award $108,640; 2014 target bonus 35% of salary.