2009 Executive Officer Cash Bonus Award Program Summary

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the 2009 cash bonus awards for the named executive officers of the company, subject to confirmation by the Audit Committee based on company performance. It lists the specific cash award amounts for each executive, noting that the award for the President and CEO was prorated due to his start date, and that the Chief Scientific Officer did not receive an award because he joined after the midpoint of the fiscal year.

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EX-10.2 3 a54931exv10w2.htm EX-10.2 exv10w2
Exhibit 10.2
2009 Award Program
Subject to confirmation by the Audit Committee of the Company’s performance for 2009, the following sets forth the cash bonus awards for each of the Company’s named executive officers.
         
Executive Officer   Cash Award
Douglas C. Bryant
President and Chief Executive Officer
   $ 328,438 *
Robert J. Bujarski
Senior Vice President, General Counsel & Corporate Secretary
   $ 115,200  
Scot M. McLeod
Senior Vice President, Operations
   $ 103,376  
John M. Radak
Chief Financial Officer
   $ 116,108  
Timothy T. Stenzel
Chief Scientific Officer
     — *
John D. Tamerius
Senior Vice President, Clinical and Regulatory Affairs
   $ 105,200  
 
*   The Cash Award for Mr. Bryant has been prorated for 2009 based on his start date in February 2009. Dr. Stenzel did not receive a Cash Award as his start date with the Company was more than mid-way through the fiscal year.