Schedule of Material Differences in Employment Agreements between Navidea Biopharmaceuticals, Inc. and Named Executives
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Summary
This document lists key differences in employment agreements between Navidea Biopharmaceuticals, Inc. and five executives. It details each executive’s employment start and end dates, 2012 base salary, and the amounts they would receive as severance, both under normal circumstances and in the event of a change in control. The schedule provides a clear comparison of compensation and severance terms for Mark J. Pykett, Thomas H. Tulip, Frederick O. Cope, Brent L. Larson, and Rodger A. Brown.
EX-10.5 3 v303459_ex10-5.htm EXHIBIT 10.5
Exhibit 10.5
SCHEDULE IDENTIFYING MATERIAL DIFFERENCES BETWEEN
EMPLOYMENT AGREEMENTS
BETWEEN NAVIDEA BIOPHARMACEUTICALS, INC. AND
THE INDIVIDUALS LISTED BELOW
Commencement Date | Termination Date | 2012 Base Salary | Amount of Severance | Amount of Severance upon Change in Control | ||||||||||||||||
Mark J. Pykett | 4/15/2011 | 10/15/2012 | $ | 425,000 | $ | 468,750 | $ | 937,500 | ||||||||||||
Thomas H. Tulip | 6/1/2011 | 5/31/2012 | $ | 300,000 | $ | 225,000 | $ | 450,000 | ||||||||||||
Frederick O. Cope | 1/1/2011 | 12/31/2012 | $ | 271,000 | $ | 245,000 | $ | 367,500 | ||||||||||||
Brent L. Larson | 1/1/2011 | 12/31/2012 | $ | 265,000 | $ | 207,000 | $ | 310,500 | ||||||||||||
Rodger A. Brown | 1/1/2011 | 12/31/2012 | $ | 191,000 | $ | 165,000 | $ | 247,500 |