Exhibit 10.21
Named Executive Officer Cash Compensation Arrangements
The table below sets forth the cash bonuses to be paid to the “named executive officers” (as defined under applicable securities laws) of Volcano Corporation (the “Company”) for performance in the year ended December 31, 2007 and their respective base salaries for the year ending December 31, 2008:
| | | | | | | | | | | |
| Named Executive Officer | | Title | | 2007 Bonus | | 2008 Base Salary |
| R. Scott Huennekens | | President and Chief Executive Officer | | $ | 360,000 | | | $ | 400,000 | |
| John T. Dahldorf | | Chief Financial Officer and Secretary | | | 100,000 | | | | 265,000 | |
| Vincent J. Burgess | | Vice President of Business Development and Marketing | | | 125,000 | | | | 265,000 | |
| Michel E. Lussier | | Managing Director of Volcano Europe | | | 75,000 | | | | 348,180 | (1) |
| Jorge J. Quinoy | | Vice President of Global Sales | | | — | (2) | | | 257,500 | |
| John F. Sheridan | | Executive Vice President of Research and | | | | | | | | |
| | | Development and Operations | | | 50,000 | | | | 245,000 | |
| | |
| (1) | | Mr. Lussier’s salary reflects the conversion of his salary from Euros at the then applicable exchange rate. |
| |
| (2) | | Mr. Quinoy’s cash incentive compensation is comprised of sales commissions. For the year ended December 31, 2007, Mr. Quinoy earned $94,168 in sales commissions. |
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