Summary of Named Executive Officer Compensation for 2006



 Exhibit 10.1 
 Optical Sensors Incorporated d.b.a. väsamed 
 Named Executive Officers’ Compensation
Summary 
 Optical Sensors Incorporated’s (the “Company’s) “named executive officers” (defined in Regulation S-B
Item 402(a)(2)) are scheduled to receive the following annual base salaries in their current positions: 
  

					
	 Name of Executive Officer:
	  	Base Salary	 
	 Paulita L. LaPlante
 President and Chief Executive Officer
	  	$	200,000	(1)
		
	 Roberta L. Dircks
 Vice President of Finance and Administration and
 Chief Financial Officer
	  	$	120,000	 
		
	 Jeffrey Skillicorn
 Vice President of Sales
	  	$	160,000	 
		
	 Kent R. Winger
 Vice President Operations
	  	$	128,160	 



	(1)	On May 24, 2006, the Compensation Committee of the Board of Directors of the Company approved a potential increase to the base salary of Ms. LaPlante from $180,000 to
$200,000 retroactively effective to January 1, 2006, subject to the Company reaching certain sales goals. On September 21, 2006, the Compensation Committee modified its prior action by increasing Ms. LaPlante’s base salary to
$200,000 effective September 1, 2006 and making such salary increase potentially retroactive for the period from January 1, 2006 to August 31, 2006 upon reaching the original sales goals. 

 Stock Options 
 On May 24, 2006, the Compensation Committee of
the Board of Directors of the Company granted Jeffrey Skillicorn, the Company’s Vice President of Sales, a non-statutory stock option under the Company’s 2003 Stock Option Plan (the “Plan”) to purchase 60,000 shares of common
stock in connection with his recent employment by the Company. The option has an exercise price of $2.15 per share, vests, on a cumulative basis, in four installments of 25% on each of the first four anniversaries of the option grant date, and has a
term of ten years. The option is subject to the terms of the Plan. 
 On June 21, 2006, the Compensation Committee of the Board of Directors of the
Company granted Roberta L. Dircks, the Company’s Vice President of Finance and Administration and Chief Financial Officer, a non-statutory stock option under the Plan to purchase 40,000 shares of common stock in connection with her recent
employment by the Company. The option has an exercise price of $2.15 per share, vests, on a cumulative basis, in four installments of 25% on each of the first four anniversaries of the option grant date, and has a term of ten years. The option is
subject to the terms of the Plan. 
 On June 22, 2006, the Compensation Committee of the Board of Directors of the Company granted the Company’s
the following executive officers non-statutory stock options under the Plan in the share amounts provided below. 
  

			
	 Name of Executive Officer:
	  	Shares Underlying
Award
	 Paulita L. LaPlante
 President and Chief Executive Officer
	  	40,000
		
	 Kent R. Winger
 Vice President Operations
	  	20,000

 Each option has an exercise price of $2.15 per share, vests, on a cumulative basis, in four installments of 25% on
each of the first four anniversaries of the option grant date, has a term of ten years and is subject to the terms of the Plan.