Exhibit 10.11
Restore Medical, Inc.
Executive Compensation Plan
Effective November 1, 2002
• | Executives defined as the following “exempt only” positions: |
-President
- -Vice President
- -Director (hired prior to June 1, 2004)
- -Manager of Human Resources (hired prior to June 1, 2004)
- -Vice President
- -Director (hired prior to June 1, 2004)
- -Manager of Human Resources (hired prior to June 1, 2004)
• | Supervisor approved Paid Time Off (PTO). | |
• | No dependent contribution for medical and dental coverage. | |
• | Medical and dental compensation (via expense report) for expenses that are not covered by our Blue Cross/Blue Shield and Delta Dental plans. Compensation does not apply to elective or discretionary expenses. All extraordinary expenses should be discussed with your supervisor in advance. |
• | Company Plan cell phone. |