Genzyme (GZTR) 8-K Entry into a Material Definitive Agreement

Exhibit 10.1

Named Executive Officer	2004 Base Salary		2004 Bonus		2005 Base Salary		2005 Bonus Target
Henri A. Termeer Chief Executive Officer	$	1,300,000	$	1,770,000	$	1,365,000	$	1,530,000
Earl M. Collier, Jr. Executive Vice President	$	473,000	$	462,500	$	495,000	$	400,000
Georges Gemayel Executive Vice President	$	430,000	$	452,500	$	450,000	$	400,000
Peter Wirth Executive Vice President; Chief Legal Officer	$	625,000	$	455,000	$	650,000	$	400,000
Michael S. Wyzga Executive Vice President; Chief Financial Officer	$	430,000	$	462,500	$	450,000	$	400,000