EX-10.3 Description of Named Executive Officer Compensation Arrangements

Contract Categories: Human Resources - Compensation Agreements
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.