Schedule of Material Differences in Amended Employment Agreements between Neoprobe Corporation and Executives

Summary

This document outlines the key differences in the amended employment agreements between Neoprobe Corporation and three executives: David C. Bupp, Brent L. Larson, and Anthony K. Blair. It details each executive's commencement date, contract term, base salary for 2008, severance amounts (including those triggered by a change of control), and the duration of continued benefits upon termination, disability, or change of control. The schedule highlights individualized terms for each executive regarding compensation and post-employment benefits.

EX-10.2 3 l29480aexv10w2.htm EX-10.2 EX-10.2  

Exhibit 10.2
SCHEDULE IDENTIFYING MATERIAL DIFFERENCES BETWEEN
AMENDED EMPLOYMENT AGREEMENTS
BETWEEN NEOPROBE CORPORATION AND
THE INDIVIDUALS LISTED BELOW
                                 
    Commencement                       Amount of Severance
    Date   Term   2008 Base Salary   Amount of Severance   upon change of control
David C. Bupp
  1/1/2007   36 months   $ 325,000     $ 426,250     Greater of: (a) 30 months salary; or (b) $802,500
 
                               
Brent L. Larson
  1/1/2007   24 months   $ 177,000     $ 177,000     $ 354,000  
 
                               
Anthony K. Blair
  1/1/2007   24 months   $ 150,000     $ 150,000     $ 300,000  
             
        Continuation of Benefits    
    Continuation of Benefits   Upon Termination   Continuation of Benefits
    Upon Disability   Without Cause   Upon Change of Control
David C. Bupp
  Longer of 24 months or the full unexpired Term of the Agreement   Longer of 36 months or the full unexpired Term of the Agreement   Longer of 36 months or the full unexpired Term of the Agreement
 
           
Brent L. Larson
  Longer of 12 months or the full unexpired Term of the Agreement   12 months   Longer of 12 months or the full unexpired Term of the Agreement
 
           
Anthony K. Blair
  Longer of 12 months or the full unexpired Term of the Agreement   Longer of 12 months or the full unexpired Term of the Agreement   Longer of 12 months or the full unexpired Term of the Agreement