REVISED SUMMARY OF COMPENSATION ARRANGEMENT APPLICABLE TO THE COMPANYS NAMED EXECUTIVEOFFICERS

Contract Categories: Human Resources - Compensation Agreements
EX-10.35 3 dex1035.htm REVISED SUMMARY OF COMPENSATION ARRANGEMENT - NAMED EXECUTIVE OFFICERS Revised Summary of Compensation Arrangement - Named Executive Officers

Exhibit 10.35

REVISED SUMMARY OF COMPENSATION ARRANGEMENT

APPLICABLE TO THE COMPANY’S NAMED EXECUTIVE OFFICERS

As of March 12, 2007, the following represents the compensation of the executive officers of NMT Medical, Inc. (the “Company”):

 

     2007 Compensation

Executive Officer

   Annual
Salary
  

Bonus for Work

Performed in 2006

   

Shares Underlying

Stock Options

Granted in 2006

John E. Ahern
President and Chief Executive Officer

   $ 400,000    $ 0     50,000

Richard E. Davis
Executive Vice President and Chief Financial Officer

   $ 300,000    $ 135,000 (1)   0

(1) Mr. Davis’ bonus was paid in accordance with the terms of that certain Amended and Restated Employment Agreement that he entered into with the Company on May 20, 2004, which is filed as an exhibit to the Company’s Quarterly Report on Form 10-Q as filed with the SEC on August 10, 2004.