2010 Executive Compensation Summary for GTx, Inc. Executive Officers
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Summary
This document outlines the 2010 base salaries and target cash bonus percentages for the executive officers of GTx, Inc. It lists each officer's title, salary, and bonus target under the company's Executive Bonus Compensation Plan for Fiscal 2010. Additionally, it notes that Dr. Ronald A. Morton, Jr. is eligible for tax gross-up payments on certain travel expenses paid by the company in 2010. The agreement is informational and sets forth compensation terms for the company's top executives.
EX-10.28 6 g22354exv10w28.htm EX-10.28 exv10w28
Exhibit 10.28
2010 COMPENSATION INFORMATION FOR REGISTRANTS EXECUTIVE OFFICERS
The table below provides information regarding (i) the base salary of each executive officer of GTx, Inc. (the Company), effective as of January 1, 2010, and (ii) the target cash bonus award for each of the Companys executive officers under the Companys Executive Bonus Compensation Plan for Fiscal 2010, expressed as a percentage of applicable base salary:
2010 | 2010 | |||||||||
Annual | Target | |||||||||
Executive Officer | Title | Salary ($) | Bonus (%) | |||||||
Mitchell S. Steiner | Chief Executive Officer and Vice-Chairman of the Board of Directors | 525,000 | 65 | |||||||
Marc S. Hanover | President and Chief Operating Officer | 456,750 | 55 | |||||||
Ronald A. Morton, Jr. | Vice President, Chief Medical Officer | 452,025(1) | 30 | |||||||
James T. Dalton | Vice President, Preclinical Research and Development | 400,000 | 30 | |||||||
Henry P. Doggrell | Vice President, General Counsel and Secretary | 301,281 | 30 | |||||||
Mark E. Mosteller | Vice President, Chief Financial Officer and Treasurer | 298,083 | 30 | |||||||
Gregory A. Deener | Vice President, Sales and Marketing | 257,985 | 30 |
(1) | Dr. Morton will also be eligible for tax gross-up payments related to certain travel expenses paid by the Company during 2010 on his behalf. |