2010 Equity Incentive Plan for Executive Officers
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Summary
This agreement outlines the 2010 Equity Incentive Program for executive officers, allowing each officer to choose their equity award as either all non-qualified stock options or a 50/50 split between stock options and time-based restricted shares. The document lists the specific dollar value of awards granted to each named executive, including the President and CEO, CFO, and other senior officers. The plan is designed to provide flexible equity-based compensation to key company leaders.
EX-10.1 2 a54931exv10w1.htm EX-10.1 exv10w1
Exhibit 10.1
2010 Equity Incentive Plan
The 2010 Equity Incentive Program provides for the dollar value of the equity incentive award to be provided, at the officer’s election, in the form of either: (i) 100% of such value in non-qualified stock options; or (ii) a split in such value equally (50/50) between non-qualified stock options and time-based restricted shares.
| Dollar Value of Equity Incentive | ||
| Executive Officer | Award as the Date of Grant | |
Douglas C. Bryant President and Chief Executive Officer | $787,500 | |
Robert J. Bujarski Senior Vice President, General Counsel & Corporate Secretary | $288,000 | |
Scot M. McLeod Senior Vice President, Operations | $258,440 | |
John M. Radak Chief Financial Officer | $290,270 | |
Timothy T. Stenzel Chief Scientific Officer | $285,000 | |
John D. Tamerius Senior Vice President, Clinical and Regulatory Affairs | $263,000 |
