Exelixis, Inc. 2006 Executive Compensation Information Table
This document outlines the 2006 base salaries and target cash bonus percentages for the named executive officers of Exelixis, Inc. It lists the annual base salary and the target bonus (as a percentage of salary) for each executive, including George Scangos, Michael Morrissey, Jeffrey Latts, Frank Karbe, and Pamela Simonton. The actual bonus amounts may differ from the targets, as determined by the company's compensation committee. Other compensation arrangements are referenced elsewhere in the company's annual report.
EXHIBIT 10.45
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. All other compensation arrangements between Exelixis and each of its named executive officers are referenced in the Exhibit Index to this Annual Report on Form 10-K.
| Named Executive Officer | 2006 Annual Base Salary | 2006 Target Cash Bonus (percentage of 2006 base salary)1 | ||
| 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% |
| 1 | Actual bonus amounts awarded by Exelixis’ compensation committee may exceed or be less than the target amounts. |
