2005 Executive Officer Compensation Summary for Luminex Corporation

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the 2005 base salaries for Luminex Corporation's executive officers, listing each officer's name, title, and annual salary. In addition to their base salaries, the executive officers are eligible for a cash bonus plan and long-term incentive awards under the company's equity incentive plans. Further details about executive compensation are available in the company's 2005 proxy statement.

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EX-10.1 2 g96791exv10w1.txt EX-10.1 EXECUTIVE OFFICER COMPENSATION SUMMARY . . . Exhibit 10.1 EXECUTIVE OFFICER COMPENSATION SUMMARY 2005 base salaries for executive officers:
NAME TITLE BASE SALARY - ------------------- ---------------------------------------------------------------- ----------- Patrick J. Balthrop Chief Executive Officer and President $400,000 Harriss T. Currie Vice President, Finance and Chief Financial Office and Treasurer $228,800 Randel S. Marfin Vice President, Luminex Bioscience Group $225,500 James W. Jacobson Vice President, Research and Development $225,500 Oliver H. Meek Vice President, Manufacturing $192,850 David S. Reiter Vice President, General Counsel and Corporate Secretary $214,200 Gregory J. Gosch Vice President, Marketing and Sales $187,775 Russell W. Bradley Vice President, Business Development and Strategic Planning $185,000
The executive officers also participate in a cash bonus plan and receive long-term incentive awards pursuant to the Company's shareholder approved equity incentive plans. ADDITIONAL INFORMATION The foregoing information is summary in nature. Additional information regarding executive officer compensation can be found in the Company's proxy statement filed in connection with the 2005 annual meeting of shareholders.