Company: MDCXW
Filing Date: 2025-11-19
Form Type: S-1
Source: 0001062993-25-016962
Chunk: 170

Company: Medicus Pharma Ltd.
Filing Date: 2025-11-19
Form: S-1
Chunk 170
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 James Quinlan, our Chief Financial Officer, Edward Brennan, our Chief Scientific Officer, Faisal Mehmud, our Chief Medical Officer and Andrew Smith, our Chief Operating Officer. Such agreements provide for a base salary, an annual discretionary bonus, notice and payment requirements upon termination without cause or as a result of a change in control, and payments following or in connection with any other termination or resignation. Mr. Quinlan, Mr. Brennan, Mr. Mehmud and Mr. Smith are also subject to non-solicitation and non-competition agreements prohibiting competing with us and soliciting our clients for a period of one year following termination and also prohibiting soliciting our employees, of officers, executives, or agents for a period of one year following termination.

Directors

Compensation of our directors generally consists of annual retainer fees and the Board and committee meeting fees, which are paid on a quarterly basis. There are no special arrangements between us and any director with respect to fees. Our directors are also entitled to participate in our equity incentive plan. Our executive officers who also act as directors do not receive any additional compensation for services rendered in their capacities as directors.

The following table sets forth all compensation awarded to, or earned by, our directors for the year ended December 31, 2024.

| Director             | Fees earned 
      ($)(1) | Share-based 
 Awards      
 ($)         | Option-based 
       Awards 
          ($) | Pension 
 Value   
 ($)     | All Other    
 Compensation 
 ($)          | Total Compensation 
                ($) |
| Dr. Raza Bokhari     |           - | -           |      100,856 | -       | -            |            100,856 |
| Dr. Larry Kaiser     |      60,000 | -           |       30,257 | -       | -            |             90,257 |
| Robert J. Ciaruffoli |      75,000 | -           |       30,257 | -       | -            |            105,257 |
| Frank Lavelle        |      60,000 | -           |       30,257 | -       | -            |             90,257 |
| William L. Ashton    |      50,000 | -           |       30,257 | -       | -            |             80,257 |
| Barry Fishman        |      60,000 | -           |       30,257 | -       | -