EX-10.28 7 d545574dex1028.htm EX-10.28

Exhibit 10.28

TECHNE CORPORATION

COMPENSATION ARRANGEMENT FOR THE EXECUTIVE OFFICERS

FOR FISCAL YEAR 2014

The Executive Compensation Committee of the Board of Directors of Techne Corporation approved the 2014 fiscal year base salary for the executive officers as set forth below.

|  | 2014 Annual |
Executive Officer and Title |  | Base Salary |
Charles R. Kummeth |  | $ | 575,000 |
Chief Executive Officer |  |  |  |
Gregory J. Melsen |  | $ | 375,000 |
Vice Preisdent of Finance, Treasurer, and Chief Financial Officer |  |  |  |
J. Fernando Bazan |  | $ | 250,000 |
Chief Technical Officer |  |  |  |
Marcel Veronneau |  | $ | 225,013 |
Senior Vice President, Clinical Controls |  |  |  |
Kevin J. Reagan |  | $ | 276,504 |
Senior Vice President Biotech |  |  |  |