COMPENSATION OF EXECUTIVE OFFICERS OF NMT MEDICAL, INC.

Contract Categories: Human Resources - Compensation Agreements
EX-10.44 3 dex1044.htm SUMMARY OF COMPENSATION - NAMED EXECUTIVE OFFICERS Summary of Compensation - Named Executive Officers

Exhibit 10.44

 

COMPENSATION OF EXECUTIVE OFFICERS OF NMT MEDICAL, INC.

 

As of March 21, 2005, the following represents the compensation of the executive officers of NMT Medical, Inc. (the “Company”):

 

     2005 Compensation

Executive Officer


   Annual
Salary


   Bonus for Work
Performed in 2004


    Shares Underlying
Stock Options
Granted in 2005


John E. Ahern
President and Chief Executive Officer

   $ 350,000    $ 52,500 (1)   —  

Richard E. Davis
Vice President and Chief Financial Officer

   $ 280,000    $ 75,000 (2)   —  

 

(1) Mr. Ahern’s bonus was paid in accordance with the terms of that certain Amended and Restated Employment Agreement that he entered into with the Company on December 31, 2002, which is filed as an exhibit to the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on March 20, 2003.

 

(2) 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.