2005 Base Salary

EX-10.1 2 a05-21803_1ex10d1.htm MATERIAL CONTRACTS

Exhibit 10.1

 

Executive Officer

 

2005 Base Salary

 

2005 Target Bonus
(% of Base Salary)(1)

 

Number of Option Shares Awarded

 

 

 

 

 

 

 

 

 

Thomas R. Beck, M.D.
President and Chief Operating Officer

 

$

340,000

 

42.5

%

25,000

 

 

 

 

 

 

 

 

 

Clive R. Wood, Ph.D.
Executive Vice President Research
and Chief Scientific Officer

 

$

300,000

 

40

%

12,500

 

 

 

 

 

 

 

 

 

Ivana Magovcevic-Liebisch, Ph.D., J.D.
General Counsel and Executive Vice
President, Corporate Communications

 

$

291,870

 

35

%

12,500

 

 

(1)

 

The target bonus opportunity can be exceeded by up to 20% of the target for exceptional performance. For example, an executive with a target bonus of 30% who has outstanding performance can receive a bonus of as much as 36% of base salary.