Named Executive Officer 2004–2005 Compensation Table for Genzyme Corporation

Summary

This document outlines the base salaries and target bonuses for Genzyme Corporation's named executive officers for the years 2004 and 2005. It lists the compensation details for the CEO and several executive vice presidents, specifying their annual base pay and bonus targets for each year. The agreement sets forth the company's compensation plan for its top executives, but does not include additional terms or conditions beyond the salary and bonus figures.

EX-10.1 2 a2156197zex-10_1.htm EXHIBIT 10.1
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Exhibit 10.1

Named Executive Officer

  2004 Base Salary
  2004 Bonus
  2005 Base Salary
  2005 Bonus Target
Henri A. Termeer
Chief Executive Officer
  $ 1,300,000   $ 1,770,000   $ 1,365,000   $ 1,530,000

Earl M. Collier, Jr.
Executive Vice President

 

$

473,000

 

$

462,500

 

$

495,000

 

$

400,000

Georges Gemayel
Executive Vice President

 

$

430,000

 

$

452,500

 

$

450,000

 

$

400,000

Peter Wirth
Executive Vice President;
Chief Legal Officer

 

$

625,000

 

$

455,000

 

$

650,000

 

$

400,000

Michael S. Wyzga
Executive Vice President;
Chief Financial Officer

 

$

430,000

 

$

462,500

 

$

450,000

 

$

400,000



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    Exhibit 10.1