2011 Executive Bonus and 2012 Base Salary Schedule for Executive Officers

Summary

This document outlines the bonus amounts awarded to four executive officers for the 2011 fiscal year and sets their base salaries for the 2012 fiscal year, effective January 1, 2012. The officers named are David Hung, Cheryl Cohen, C. Patrick Machado, and Lynn Seely. The agreement specifies the exact bonus and salary figures for each executive, reflecting the company's compensation decisions for its top management.

EX-10.1 2 d272048dex101.htm BONUSES FOR FISCAL YEAR 2011 AND BASE SALARIES FOR FISCAL YEAR 2012 Bonuses for Fiscal Year 2011 and Base Salaries for Fiscal Year 2012

EXHIBIT 10.1

2011 Bonuses

 

Executive Officer

   2011 Bonus Amount  

David Hung, M.D.
President and Chief Executive Officer

   $ 894,758   

Cheryl Cohen
Chief Commercial Officer

     136,233   

C. Patrick Machado
Chief Business Officer and Chief Financial Officer

     433,650   

Lynn Seely, M.D.
Chief Medical Officer

     446,250   

2012 Base Salaries

 

Executive Officer

   Fiscal 2012 Base Salary
(Effective January 1,
2012)
 

David Hung, M.D.
President and Chief Executive Officer

   $ 725,000   

Cheryl Cohen
Chief Commercial Officer

     425,000   

C. Patrick Machado
Chief Business Officer and Chief Financial Officer

     464,200   

Lynn Seely, M.D.
Chief Medical Officer

     464,200