Exhibit 10.1

 

Executive Officer

 

2004 Bonus

 

2005 Base Salary

 

2005 Target Bonus
(% of Base Salary)(1)

 

 

 

 

 

 

 

 

 

 

 

Henry E. Blair
President and Chief Executive Officer

 

$

102,300

 

$

500,000

 

40%

 

Stephen S. Galliker
Executive Vice President, Finance and
Administration, and Chief Financial
Officer

 

$

74,597

 

$

280,081

 

35%

 

Ivana Magovcevic, Ph.D., J.D.
Senior Vice President Legal Affairs,
Chief Patent Counsel and Asst. Secretary

 

$

59,125

 

$

281,875

 

30%

 

Clive R. Wood, Ph.D.
Senior Vice President Discovery Research
and Chief Science Officer

 

$

56,875

 

$

275,000

 

30%

 

Lynn G. Baird, Ph.D.
Senior Vice President, Development

 

$

51,638

 

$

261,375

 

28%

 

 

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(1)     The target bonus opportunity can be exceeded by up to 20% of the target
for exceptional performance. For example, an executive with a target bonus of
30% who has outstanding performance can receive a bonus of as much as 36% of
base salary.

 

1

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