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EXHIBIT 10.34
Summary of Executive Salary and
Bonus Arrangements
The table below summarizes the
current annual salary and bonus arrangements we have with each of
our current executive officers. All of the compensation
arrangements we have with our executive officers, including with
respect to annual salaries and bonuses, are reviewed and may be
modified from time to time by the Compensation Committee of our
Board of Directors. The Compensation Committee approved the annual
salary and bonus arrangements noted in the table below.
We have written employment
arrangements with each of our executive officers, and a copy of
each such employment arrangement is filed as an exhibit to the
accompanying Annual Report on Form 10-K. The non-salary and
bonus components of our compensation arrangements with our
executive officers, including with respect to severance, option
grants and other benefits, are described in those respective
agreements. We generally pay bonuses, if any, to our executive
officers on a quarterly basis. Certain of our executive officers
participate in the executive bonus plan that was adopted by the
Co
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