Executive Officer Compensation Schedule for 2006 Bonus and 2007 Base Salary

Summary

This document outlines the compensation details for the company's named executive officers, listing the 2006 bonus amounts and the 2007 annual base salaries for each executive. The officers include the President and CEO, CFO, and several Senior Vice Presidents. The base salaries are effective as of March 1, 2007. The agreement specifies the compensation structure but does not include additional terms or conditions.

EX-10.27 2 a2176852zex-10_27.htm EXHIBIT 10.27
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Exhibit 10.27

COMPENSATION OF NAMED EXECUTIVE OFFICERS

Named Executive Officer

  2006 Bonus
  2007 Annual Base Salary*
Safi R. Bahcall, Ph.D. President and Chief Executive Officer   $ 100,000   $ 355,000
Keith S. Ehrlich, C.P.A. Vice President, Finance and Administration, Chief Financial Officer   $ 44,000   $ 230,000
James G. Barsoum, Ph.D. Senior Vice President, Research   $ 46,000   $ 240,000
Eric W. Jacobson, M.D. Senior Vice President, Clinical Research and Regulatory Affairs, Chief Medical Officer   $ 65,000   $ 280,000
Keizo Koya, Ph.D. Senior Vice President, Drug Development   $ 52,000   $ 270,000

*
Effective March 1, 2007.



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    Exhibit 10.27