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EXHIBIT 10.1
Executive Officer Compensation Arrangements (2006 Salaries)
The following summarizes the certain compensation arrangements established between NeuroMetrix, Inc. (the “Company”) and the executive officers through verbal agreements.
On March 7, 2006, the Compensation Committee of the Board of Directors of the Company determined the following compensation information for certain executive officers of the Company regarding base salary levels for 2006. This compensation information is as follows:
Name |
| Title |
| 2006 Salary | |
Shai N. Gozani, M.D., Ph.D. |
| Chairman, President and Chief Executive Officer |
| $ | 262,500 |
Gary L. Gregory |
| Chief Operating Officer |
| $ | 246,750 |
W. Bradford Smith |
| Chief Financial Officer |
| $ | 231,000 |
Guy Daniello |
| Senior Vice President of Information Technology |
| $ | 190,181 |
Michael Williams, Ph.D. |
| Senior Vice President of Engineering |
| $ | 198,450 |