EXHIBIT 10.1

Executive Officer Compensation Arrangements (2006 Salaries)

The following summarizes the certain compensation arrangements established
between NeuroMetrix, Inc. (the “Company”) and the executive officers through
verbal agreements.

On March 7, 2006, the Compensation Committee of the Board of Directors of the
Company determined the following compensation information for certain executive
officers of the Company regarding base salary levels for 2006. This compensation
information is as follows:

Name

 

Title

 

2006 Salary

Shai N. Gozani, M.D., Ph.D.

 

Chairman, President and Chief Executive Officer

 

$

262,500

Gary L. Gregory

 

Chief Operating Officer

 

$

246,750

W. Bradford Smith

 

Chief Financial Officer

 

$

231,000

Guy Daniello

 

Senior Vice President of Information Technology

 

$

190,181

Michael Williams, Ph.D.

 

Senior Vice President of Engineering

 

$

198,450

 

--------------------------------------------------------------------------------