EX-10.3 Description of Named Executive Officer Compensation Arrangements
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EX-10.3 4 b55584oiexv10w3.htm EX-10.3 DESCRIPTION OF NAMED EXECUTIVE OFFICER COMPENSATION ARRANGEMENTS exv10w3
Exhibit 10. 3
OXiGENE, Inc.
Named Executive Officers Compensation Arrangements
The following are our named executive officers. Their annual base salaries for 2005 are as follows:
Named Executive Officer | Position | 2005 Salary | ||||
Frederick W. Driscoll | President and Chief Executive Officer | $ | 325,000 | |||
David Chaplin | Chief Scientific Officer and Head of | |||||
Research and Development | $ | 325,000 | ||||
Scott Young (1) | Chief Operating Officer | $ | 240,000 | |||
James B. Murphy (1) | Vice President and Chief Financial Officer | $ | 220,000 |
(1) | The annual base salaries listed for both Mr. Young and Mr. Murphy became effective in June 2005. |