2011 Executive Compensation Information for Named Executive Officers of XenoPort, Inc.
This document outlines the 2011 annual base salaries and target bonus percentages for XenoPort, Inc.'s named executive officers, including the CEO, CFO, and Chief Commercialization Officer. It specifies each executive's salary and the percentage of their salary that is eligible for a bonus under the company's Corporate Bonus Plan. The information is intended to disclose compensation terms for these key officers for the 2011 performance period.
Exhibit 10.45
Named Executive Officer Compensation Information 2011 Salaries and Target Bonus Percentages
The table below provides information regarding the annual base salaries and target bonus percentages for the Companys 2010 named executive officers currently employed by the Company for the 2011 performance period:
Named Executive Officer | 2011 Annual Base Salary | 2011 Target Bonus Percentage (1) | ||
Ronald W. Barrett, PhD Chief Executive Officer | $458,522 | 90% | ||
William G. Harris Senior Vice President of Finance and Chief Financial Officer | $351,405 | 40% | ||
Vincent J. Angotti Senior Vice President, Chief Commercialization Officer | $405,863 | 40% |
(1) | Represents a percentage of 2011 annual base salary pursuant to the terms and conditions of the XenoPort, Inc. Corporate Bonus Plan. |