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Vermillion, Inc. Message Board

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  • basehit123 basehit123 Mar 30, 2012 6:43 PM Flag

    Gail S. Page , VRML Ceo salary 3.55M


    Did you get this from Yahoo, or somewhere else, because this is what I came across, and the disclosed bonus ties in perfectly?

    2. Compensation. The Company will pay Executive a base salary of at least $385,000 on an annualized basis, payable in accordance with the Company’s standard payroll policies, including compliance with applicable tax withholding requirements. In addition, Executive will be eligible for a bonus of up to 50% of Executive’s base salary for achievement of reasonable performance-related goals to be defined by the Company’s Board of Directors. The exact payment terms of a bonus, if any, are to be set by the Compensation Committee of the Board of Directors, in its sole discretion. Any such bonus will be payable to Executive within 30 days of receipt by the Compensation Committee of the Board of Directors of the Company’s final year-end financial statements.

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