Nabi Biopharmaceuticals Executive Officers Base Salary Approval (May 2006)
Nabi Biopharmaceuticals' Compensation Committee approved new base salary levels for its executive officers as of May 2006. The officers and their respective salaries are: Thomas H. McLain ($475,000), Henrik S. Rasmussen, M.D., Ph.D. ($306,000), Raafat E.F. Fahim, Ph.D. ($306,000), and Joseph Johnson ($260,000). These salary levels were set in accordance with the terms of their employment agreements.
EXHIBIT 10.6
NABI BIOPHARMACEUTICALS
BASE SALARY LEVELS OF EXECUTIVE OFFICERS
On May 10, 2006, the Compensation Committee of the Board of Directors approved the following base salary levels for the following executive officers of Nabi Biopharmaceuticals pursuant to the terms of their employment agreements:
Name | Base Salary as of May 2006 | ||
Thomas H. McLain | $ | 475,000 | |
Henrik S.Rasmussen, M.D., Ph.D. | $ | 306,000 | |
Raafat E.F. Fahim, Ph.D. | $ | 306,000 | |
Joseph Johnson | $ | 260,000 |