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Millennium Pharmaceuticals, Inc. DESCRIPTION OF SUCCESS SHARING BONUS PROGRAM

Production Sharing Agreement
Millennium Pharmaceuticals, Inc. DESCRIPTION OF SUCCESS SHARING BONUS PROGRAM | Document Parties: Millennium Pharmaceuticals, Inc. You are currently viewing:
This Production Sharing Agreement involves

Millennium Pharmaceuticals, Inc.

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Title: Millennium Pharmaceuticals, Inc. DESCRIPTION OF SUCCESS SHARING BONUS PROGRAM
Date: 2/4/2005
Industry: Biotechnology and Drugs     Sector: Healthcare

Millennium Pharmaceuticals, Inc. DESCRIPTION OF SUCCESS SHARING BONUS PROGRAM, Parties: millennium pharmaceuticals inc.
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Exhibit 10.1

Millennium Pharmaceuticals, Inc.

DESCRIPTION OF SUCCESS SHARING BONUS PROGRAM

        Millennium Pharmaceuticals, Inc. (the “Company”) maintains a Success Sharing Bonus Program for all employees including the Company’s executive officers. Through this program, employees can receive an annual cash bonus based on achievement of key Company and individual goals.  There is no guarantee that a bonus pool will be available in any given year, or that every employee will receive a bonus. The plan is intended to strengthen the link between individual compensation and Company success; reinforce the Company’s pay-for-performance philosophy by delivering higher bonuses to higher performing employees; and help ensure that the Company’s cash compensation is competitive.

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