Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On
Target % of Base Executive Officer Title Bonus Salary Matthew Pauls Chief Executive Officer$ 290,000 50 % Badrul Chowdhury Chief Medical Officer$ 219,544 40 % Dave Lowrance Chief Financial Officer$ 166,690 40 %
Actual bonus amounts paid to the executive officers may be more or less than the
target bonus amounts. The total bonus payment amounts will be based on the
achievement of certain performance goals, and the Board has the discretion to
award bonus amounts that differ for attainment of performance goals that fall
above or below such goals. For
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