2015 Bonus Awards Summary for Executive Officers of NewLink Genetics Corporation

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the 2015 cash bonus awards for several executive officers of NewLink Genetics Corporation, including their bonus targets as a percentage of base salary, the percentage of goals achieved, and the total cash bonus awarded. The agreement lists each executive's name, title, 2015 salary, and the resulting bonus. It also notes that Dr. W. Jay Ramsey, who retired in May 2015, received a bonus equal to six months of his base salary as per his separation agreement.

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EX-10.1 2 nlnk-20160107x8kxex101.htm EXHIBIT 10.1 Exhibit
Exhibit 10.1



2015 Bonus Awards
Name and Title
Bonus Target*
Goal Percentage Achieved
Bonus Target Achieved*
2015 Salary
Total Cash Bonus Awarded
Charles J. Link, Jr., M.D.
60%
110%
66%
$640,700
$422,862
Chairman of the Board and Chief Executive and Scientific Officer
 
 
 
 
 
Nicholas N. Vahanian, M.D.
50%
115%
57.5%
$531,800
$305,785
Director, President and Chief Medical Officer
 
 
 
 
 
John B. Henneman, III
40%
115%
46%
$365,200
$167,992
Chief Financial Officer
 
 
 
 
 
W. Jay Ramsey, M.D., Ph.D.
35%
N/A
N/A
$345,800
$172,900
Clinical and Regulatory Compliance Officer (1)
 
 
 
 
 
Carl Langren
30%
100%
30%
$250,000
$75,000
Vice President of Finance
 
 
 
 
 
Brian Wiley
30%
100%
30%
$319,600
$95,880
Chief Commercial Officer
 
 
 
 
 
 
 
 
 
 
 
* Bonus Targets listed as percentage of 2015 Base Salary
 
 
 
 
 
 
(1) Dr. Ramsey retired from the Company on May 22, 2015. His separation agreement provided that he would be paid a bonus equivalent to six month of his base salary for 2015.