Description of Compensation Arrangement for Andrew Graham (Trimeris, Inc.)
Trimeris, Inc. outlines the compensation terms for Andrew Graham, its Principal Accounting Officer and Secretary. Mr. Graham will receive a base salary of $135,000 for the 2005 fiscal year. He may also earn cash bonuses based on performance objectives set by the compensation and governance committee. Additionally, he is eligible for all standard employee benefits, including participation in the company's stock incentive plan.
Exhibit 10.34
Trimeris, Inc.
Description of Compensation Arrangement for Andrew Graham
Following is a description of the compensation arrangement for Andrew Graham, our Principal Accounting Officer and Secretary. Under the terms of his employment, Mr. Graham will earn a base salary of $135,000 during the 2005 fiscal year. In addition, Mr. Graham may be awarded cash bonuses upon the achievement of certain performance objectives to be determined by the compensation and governance committee. Mr. Graham is entitled to all benefits made generally available to Trimeris employees, including participation in the Company’s stock incentive plan.
