EX-99.1 2 dex991.htm NAMED EXECUTIVE OFFICERS' 2006 BASE SALARIES & BONUS TARGETS Named Executive Officers' 2006 Base Salaries & Bonus Targets

Exhibit 99.1

 

Named Executive Officers’ 2006 Base Salaries and Bonus Targets

 

Named Executive Officer

   

2006

Base
Salary

   

2006

Bonus Target

(% of Base Salary) 1

  

Timothy M. Shannon

EVP & Chief Medical Officer

    $ 325,000    35 %

Elizabeth A. Whayland

SVP of Finance & Corporate Secretary

    $ 211,000    30 %

David M. Wurzer

EVP & Chief Financial Officer

    $ 300,000    35 %

Christopher K. McLeod

President & CEO, 454 Life Sciences

    $ 338,000    40 %

 

1 The target bonus opportunity can be exceeded by up to 2 times the target for exceptional performance. For example, an executive with a target bonus of 35% who has outstanding performance can receive a bonus of as much as 70% of base salary.