Exelixis, Inc. 2006 Executive Compensation Information Disclosure
This document outlines the 2006 base salaries and target cash bonus percentages for the named executive officers of Exelixis, Inc. It lists each executive's name, their annual base salary, and the percentage of their salary that is eligible as a target cash bonus for the year. The agreement serves as a disclosure of compensation terms for key company executives and does not specify additional conditions or obligations beyond the compensation details provided.
EXHIBIT 10.2
COMPENSATION INFORMATION FOR NAMED EXECUTIVE OFFICERS
The table below provides information regarding the 2006 base salary and target cash bonus amount for each named executive officer of Exelixis, Inc.
Named Executive Officer | 2006 Annual Base Salary | 2006 Target Cash Bonus (percentage of 2006 base salary) | ||||
George Scangos | $ | 750,000 | 60 | % | ||
Michael Morrissey | $ | 400,520 | 45 | % | ||
Jeffrey Latts | $ | 399,376 | 45 | % | ||
Frank Karbe | $ | 345,030 | 45 | % | ||
Pamela Simonton | $ | 322,189 | 35 | % |