Attached files

file filename
EX-32.1 - EXHIBIT 32.1 - ACELRX PHARMACEUTICALS INCex_176480.htm
EX-31.2 - EXHIBIT 31.2 - ACELRX PHARMACEUTICALS INCex_176479.htm
EX-31.1 - EXHIBIT 31.1 - ACELRX PHARMACEUTICALS INCex_176478.htm
EX-23.1 - EXHIBIT 23.1 - ACELRX PHARMACEUTICALS INCex_176477.htm
EX-21.2 - EXHIBIT 21.2 - ACELRX PHARMACEUTICALS INCex_176476.htm
EX-10.16 - EXHIBIT 10.16 - ACELRX PHARMACEUTICALS INCex_177092.htm
EX-4.1 - EXHIBIT 4.1 - ACELRX PHARMACEUTICALS INCex_177093.htm
10-K - FORM 10-K - ACELRX PHARMACEUTICALS INCacrx20191231_10k.htm

Exhibit 10.17

 

2020 Cash Bonus Plan Summary

 

Target bonuses for named executive officers of AcelRx Pharmaceuticals, Inc. (the “Company”) under the 2020 Cash Bonus Plan (the “Plan”) will range from 35% to 60% of such executive’s 2020 base salary. The amount of cash bonus, if any, for each named executive officer will be based on both the named executive officer achieving his or her individual performance goals and on the Company meeting the 2020 corporate objectives to be approved by the Board. The target bonuses for the Company’s named executive officers for 2020 are as follows:

 

Name

Position

Bonus %

Vincent Angotti

Chief Executive Officer

60%

Pamela Palmer, M.D., Ph.D.

Chief Medical Officer

40%

Raffi Asadorian

Chief Financial Officer

40%

Badri Dasu

Chief Engineering Officer

35%

Lawrence Hamel

Chief Development Officer

35%

 

Mr. Angotti’s cash bonus under the Plan shall be based 100% on the achievement of the 2020 corporate objectives.  The cash bonuses under the Plan for all other named executive officers shall be based 40% on the achievement of his or her individual performance goals, as determined by the Board, and 60% on the achievement of the 2020 corporate objectives. The named executive officers’ actual bonuses may exceed 100% of target in the event performance exceeds the predetermined goals.