Praecis Pharmaceuticals – [PRAECIS Letterhead] October 20, 2004 Michael J. Keavany 10 Stoneybrook Lane Malvern, PA 19355 Dear Michael, (March 16th, 2005)
It is my pleasure to offer you the position of Senior Vice President, Sales and Marketing with PRAECIS PHARMACEUTICALS INCORPORATED, reporting directly to me. We are looking forward to having you join our management team.
Praecis Pharmaceuticals – Summary of 2005 Compensation for Executive Officers and Non-Employee Directors (March 16th, 2005)
In January 2005, the Board of Directors of PRAECIS PHARMACEUTICALS INCORPORATED (the "Company"), upon recommendation of the Compensation Committee, approved the 2005 compensation for the Company's executive officers. The table below sets forth 2005 compensation and potential bonus award values under the Company's Executive Management Bonus Plan (the "Bonus Plan"), as well as certain other compensation.