Attached files
| file | filename |
|---|---|
| EX-10.2 - EXHIBIT 10.2 AMENDMENT TO CREDIT FACILITY - CELGENE CORP /DE/ | ex102amendmenttocreditfaci.htm |
| EX-32.2 - EXHIBIT 32.2 CERTIFICATION OF THE CFO SECTION 906 - CELGENE CORP /DE/ | ex322certificationofthecfo.htm |
| EX-32.1 - EXHIBIT 32.1 CERTIFICATION OF THE CEO SECTION 906 - CELGENE CORP /DE/ | ex321certificationoftheceo.htm |
| EX-31.2 - EXHIBIT 31.2 CERTIFICATION OF THE CFO SECTION 302 - CELGENE CORP /DE/ | ex312certificationofthecfo.htm |
| EX-31.1 - EXHIBIT 31.1 CERTIFICATION OF THE CEO SECTION 302 - CELGENE CORP /DE/ | ex311certificationoftheceo.htm |
| 10-Q - 10-Q - CELGENE CORP /DE/ | a2017033110q.htm |
EXHIBIT 10.1
Summary of Compensation Package - Effective April 1, 2017
Name | Scott Smith | |||
Job Title | President and Chief Operating Officer | |||
Base Salary | $875,000 | |||
Bonus Target | 90% | |||
Stock Options | 56,378 | |||
Restricted Stock Units | 7,126 | |||
Performance Stock Units | Threshold | Target | Maximum | |
5,345 | 10,690 | 21,380 | ||
Severance Benefit | -Lump sum 12 months of base salary -Lump sum 12 months of bonus at target -12 months COBRA benefit at active employee rates, less applicable taxes | In the event of involuntary termination for reasons other than cause | ||
"Double Trigger" due to Change in Control (CIC) | -All severance benefits -Unvested RSUs and Options to fully vest -Change in control payments would be reduced to avoid 280G excise tax, if beneficial to employee | In the event of position elimination due to change in control | ||
Financial Planning Benefit | Up to $15,000 per year | Reimbursement of reasonable and customary fees associated with financial planning and/or tax preparation/advice | ||
Acknowledged and agreed: | On behalf of Celgene Corporation: | |||||
/s/Scott A. Smith | April 1, 2017 | /s/Mark J. Alles | April 1, 2017 | |||
Scott A. Smith | Date | Mark J. Alles | Date | |||