EX-10.4 4 d696866dex104.htm EX-10.4

Exhibit 10.4

2013 and 2014 Executive Officer Compensation Arrangements

The compensation for the executive officers of Cerus Corporation regarding annual base salaries and target bonus percentages were as follows:

Name |  | 2013 Annual Base Salary (1) |  |  | 2013 Targeted Bonus (as a % of 2012 Annual Base Salary) |  |  | 2014 Annual Base Salary (1) |  |  | 2014 Targeted Bonus (as a % of 2013 Annual Base Salary) |
William M. Greenman President and Chief Executive Officer |  | $ | 500,000 |  |  |  | 60 | % |  | $ | 525,000 |  |  |  | 60 | %
Laurence M. Corash, M.D. Senior Vice President, Chief Scientific Officer |  | $ | 399,866 |  |  |  | 40 | % |  | $ | 407,863 |  |  |  | 40 | %
Carol Moore Senior Vice President, Regulatory Affairs, Quality and Clinical |  | $ | 316,891 |  |  |  | 40 | % |  | $ | 326,398 |  |  |  | 40 | %
Chrystal N. Menard Chief Legal Officer |  | $ | 280,000 |  |  |  | 35 | % |  | $ | 301,000 |  |  |  | 40 | %
Kevin D. Green Vice President, Finance and Chief Financial Officer(2) |  | $ | 279,607 |  |  |  | 35 | % |  | $ | 313,160 |  |  |  | 40 | %
Caspar Högeboom(3) President, Cerus Europe B.V. |  | $ | 301,961 |  |  |  | 40 | % |  | $ | 325,980 |  |  |  | 40 | %

(1) | Annual base salary was effective March 1, 2013.

(2) | Mr. Green’s title changed from Vice President, Finance and Chief Accounting Officer to Vice President and Chief Financial Officer effective February 28, 2013.

(3) | Mr. Högeboom’s 2013 annual base salary of €230,153 has been converted from Euros to United States dollar by applying an average exchange rate of €1 to $1.312 which was the exchange rate in effect on March 1, 2013. Mr. Högeboom’s 2014 annual base salary of €237,059 has been converted from Euros to United States dollar using the exchange rate of €1 to $1.3751, which was the exchange rate in effect on March 1, 2014.